Marlborough Software Development (fka MBGH)

[Ace Trader]

Yes all well in good. I agree with you. But what is not made clear and reading the 8k made it more confusing is this from the PR:

Quote
to merge MSDH with Pageflex Acquisitions Inc. (“Pageflex”) in a cash merger in which shareholders of MSDH will receive $0.091 per share of Common Stock.

Now The way I read it from the 8k is MBGH will pay out current share holders @ $.09 per common share.

OR

Are they going to per current common share holders a cash Div of $.09 per share for the cash merger and still retain our common shares? This is what makes it fuzzy:
From 8K
The aggregate purchase price to be paid by Pageflex is $982,946 in cash or approximately $0.091 per share (the “Merger Consideration”). Each option to acquire MSDH common stock outstanding immediately prior to the consummation of the Merger will be cancelled. The Merger is subject to MSDH’s stockholder approval and other customary closing conditions.

From PR:

to merge MSDH with Pageflex Acquisitions Inc. (“Pageflex”) in a cash merger in which shareholders of MSDH will receive $0.091 per share of Common Stock. Pursuant to the merger Pageflex shall merge with and into MSDH,

8K FORM HERE: http://www.sec.gov/Archives/edgar/data/1534463/000119312513340336/d585703d8k.htm

ALL COMPANY DOCUMENTS FILLINGS ARE HERE

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001534463&owner=exclude&count=40