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Tuesday, October 28, 2014

BRIEF-PROS completes acquisition of Cameleon Software, (NYSE: PRO)

PROS Holdings Inc : * Said on Monday it completed acquisition of over 95 percent of the outstanding shares and voting rights of Cameleon Software SA* PROS previously announced a second tender offer for Cameleon on Sept. 15 at a price of 2.20 euros per share* PROS plans to request from the Autorite des Marches Financiers (AMF) the implementation of a squeeze-out, and thereafter de-list Cameleon from the NYSE Euronext exchangeSource text for Eikon:

PROS Holdings, Inc. (PROS) provides big data software applications designed to help companies outperform in their markets by using big data to sell more effectively. Shares of PRO remained unchanged at $24.38. In the past year, the shares have traded as low as $19.00 and as high as $41.35. On average, 95743 shares of PRO exchange hands on a given day and today's volume is recorded at 0.