Inspired PLC (AIM:INSE) said its largest shareholder, Gresham House, supports a potential 81p-per-share, £129 million takeover by private equity firm HGGC.
Gresham, which owns nearly 30% of Inspired’s shares plus additional warrants and loan notes, indicated it would accept a firm offer on those terms.
While no formal bid has yet been made, the backing strengthens the prospects of a deal. HGGC's bid approach trumps a competing offer from long-term Inspired investor Regent Acquisitions.