Johannesburg, S.A. - The South African parent of North American accounting software developers Softline AccountMate and Softline BusinessVision postponed a July 21 shareholders meeting that was to have discussed the potential sale of the company, because it had not received firm offers from all bidders.
The three bidders are Sage Group plc, the U.K.-based parent of Best Software in the United States; a group of internal Softline managers; and minority Softline shareholder Ivan Ferrer joined by Exact Software, the Dutch parent of Exact North America, the former Macola Software.
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