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Capita captures Computerland

Computerland UK agrees 270p-per-share cash offer from outsourcing giant
March 11, 2008

IT services minnow Computerland UK has agreed a 270p-per-share bid from outsourcing giant . The deal, which values Computerland at £28.9m, has already secured acceptances from 44 per cent of Computerland shareholders. At around 13 times 2008 earnings forecasts, the take-out valuation is a modest premium to the .

IC TIP: Accept at 264p