Nitro rejects Potentia's alternative offer, backs KKR-backed Alludo's bid

Nitro rejects Potentia's alternative offer, backs KKR-backed Alludo's bid

REUTERS/Brendan McDermid

Australia’s Nitro Software rejected an alternative takeover offer from private-equity (PE) firm Potentia Capital, which gave Nitro shareholders the choice of an all-cash, stock, or a combination of both, at the same offer price.

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