Idox PLC share price hugs 71p as IDOX stock tracks 71.5p Long Path bid
Idox shares closed flat at 71.0p on Monday, just below Frankel UK Bidco’s 71.5p cash offer. Frankel reported 49.26% aggregate support as of Feb. 6, still short of the majority needed. The UK Takeover Panel lists Idox as in an “offer period.” Investors are watching for further acceptances ahead of the mid-March deadline.