Easley's CSI to Review Acquisition Proposal
The company has advised shareholders not to take any action at this time.
An Easely company said it would respond in due course to an acquisition proposal.
Officials with Computer Software Innovations, Inc. and CSI Technology Outfitters, said the company had received a non-binding letter from Constellation Software Inc.
Constellation's proposal includes acquiring all of CSI's outstanding common and preferred stock at a price of $1 per share, according to a press release.
CSI's board of directors will review Constellation's proposal and then respond.
CSI officials said stockholders need not take any action at this time. The company has Hyde Park Capital Partners, LLC is acting as financial advisor and Smith Moore Leatherwood LLP and Dewey & LeBoeuf LLP acting as legal counsel.