Endace jumps on takeover bid

Network monitoring company Endace rocketed after it announced it had received a takeover offer valuing the company at over 80 million pounds.

Network monitoring company Endace rocketed after it announced it had received a takeover offer valuing the company at over 80 million pounds.

The offer from Emulex Bidco was at a 65% premium to the closing price the day before the announcement was made.

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