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Thursday, December 4, 2014

BRIEF-Incadea says in takeover talks with Dealertrack Technologies, (NASDAQ: TRAK)

Incadea Plc : * Statement re potential offer* In discussions with Dealertrack Technologies Inc regarding a possible acquisition of entire issued and to be issued share capital of Incadea* Takeover code requires dealertrack to by not later than 5.00 p.m. on 1 January 2015, either to announce a firm intention to make an offer for company or to announce that it does not intend to make an offer Source text for Eikon: Further company coverage: ;))

Dealertrack Technologies, Inc. (Dealertrack) provides Web-based software solutions and services. Shares of TRAK traded higher by 0.33% or $0.16/share to $49.32. In the past year, the shares have traded as low as $36.43 and as high as $58.84. On average, 449608 shares of TRAK exchange hands on a given day and today's volume is recorded at 28037.