MBO for Deansgrange e-Learning Co?
Monday, March 30th, 2009ThirdForce, the E-Learning technology provider who has offices in Deansgrange, Dublin has confirmed that it has received an approach from its management team.
The company, valued at 8cent per share, pointed out that it has not formally received an offer, but has appointed members of its management team and board, Carol Clark, Alan Maguire, Eimear McGovern, Mike Newton and Edwin Robinson to manage the approach. They have also said they have retained Goodbody as advisors.
The company is listed on London AIM and Dublin IEX markets, and last year made losses of amlmost €3/4m. In recent years, and in recent years has acquired and/or merged with Electric Paper, AV Edge, Creative Learning Media and MindLeaders.
Source: irishdev.com
