London (Reuters)-HP $11.2 billion worth of British software company autonomy purchase offer extended to the deadline of October 3 after a first deadline only 41.6% of shareholders to accept.
"Standard &poor's equity research analyst James Crawshaw said:" I was very surprised, they need to expand it in all, Tuesday. "I would expect autonomy shareholders will be very happy and take-away price."
Hewlett-packard company to offer an agreed on August 18,, it says the value of the enterprise search software company fully diluted equity 709 million pounds ($1.12 billion) 2550 p per share autonomy.
Shareholders have autonomy is expected to snap up offer, agreed to deal with before, equivalent to 10 times announced, in annual sales, with the closing price premium 79%.
"Investors will continue to stay in waiting for competitive trading over," says Gordon Panmure analyst George AoKangNa.
"You have a very decent bird in the hand, but may in bush's another my own view is that bush is empty, HP is a very decent price paid. I can't see a competitive bid close."
Charles Stanley analyst Tom Gidley base qin, and also will not want to see a counter bid.
"I don't think anyone has the same urgent need to purchase a HP autonomy," he said. "I think a lot of professional investors to hold their shares for some provide some better slim chance, until late."
Gidley-and said, in technical field wooed the mood, hardware, software, even is a little bit negative. Autonomy investors can hang, because has nowhere better for their own money.
Autonomy shares smoothly, an increase of 0.2%, and in the 0800 GMT 2521 p.
Provide condition is regulatory approval for. HP said on Tuesday, has set up a file in the United States, Austria, Germany and Ireland application. ($1 = 0.633 per lb)
Other News:
HP extends $11.2 billion Autonomy offer
Thousands visit after 9/11 memorial opens in NY
Facebook to organize friends in 'smart lists'
Looking back and ahead, America remembers 9/11
Man says charges in KC airport bomb hoax 'absurd'
Bets on euro zone progress boost Wall Street
Obamas place wreathe at Flight 93 memorial
Bank analysts slash Goldman estimates hardest
