| Friday, 23 July 2010 14:56 |
| Columbus IT, the Dynamics reseller based in Denmark, raised about $8.3 million through the offering of 26.5 million shares. The offering had pre-emptive rights for share holders. It coincided with a buyout of the shares of Gaardboe Holdings, owned by founder Michael Gaardboe, by the largest Columbus IT shareholder, Consolidated Holdings. None of the securities were registered for sale in the United States. Gaardboe sold out after another company, EG Holdings, approached with an offer to buy all of Columbus IT. However, Consolidated wasn’t interested. |
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The Editor
Bob Scott has been informing and entertaining the mid-market financial software community with his email newsletters for 10 years. And he has been covering this market through print publications for 18 years, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and continues to address that as executive editor of the Progressive Accountant.
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INFOR RECRUITS CHANNEL ON LINKEDIN 
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About the Author: Bob Scott has been informing and entertaining the mid-market financial software community with his email newsletters for 10 years. And he has been covering this market through print publications for 18 years, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and continues to address that as executive editor of the Progressive Accountant. |