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Buy out Alert: Pervasive Software Inc. (Nasdaq:PVSW) in Play

 
 
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New York, NY -- (SBWIRE) -- 01/29/2013 -- Growing Stock Report iniates an Early Morning Buy Out Watch List for the following stock: Pervasive Software Inc. (Nasdaq:PVSW)

Pervasive Software Inc. (Nasdaq:PVSW) a company that delivers software to manage, integrate, and analyze data in the cloud or on-premises throughout the data lifecycle has been offered $161.9 million to be acquired by California-based Actian Corp. Austin-based Pervasive would receive $9.20 per share after Actian upped its November 2012 offer of $9 per share. Actian initially offered to buy Pervasive for $8.50 per share — $154 million — in August 2012. The $9.20 buy out offer is (+68.81%) above it's 52-week low of $5.45

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