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#1
09-09-2005, 08:46 AM
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Japan's Access Bought PalmSource
ACCESS, a provider of mobile content delivery and Internet access software today announced they have signed a definitive agreement for ACCESS to acquire PalmSource in an all-cash transaction valued at USD $18.50 per share of PalmSource common stock, or approximately USD $324.3 million (approximately %35.9 billion). ACCESS' USD $18.50 per share offer represents an 83% premium for PalmSource stockholders based on the market closing price of USD $10.09 on September 8, 2005.
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