IN BRIEF: Sopheon shares cancelled as Wellspring takeover effective
Sopheon PLC - Minnesota-based enterprise software and services company - Updates on its acquisition by IOps Buyer Inc, a subsidiary of Wellspring Worldwide Inc, itself a portfolio company of funds managed and/or advised by Atlanta, Georgia-based private equity firm Resurgens Technology Partners. Said on Tuesday that the scheme of arrangement was now effective, and that its entire share capital is now owned by IOps. Shares were suspended on Tuesday in London. Read More