The following from George O'Connor (Panmure Gordon) excellent PG Tips morning note today. Made me giggle.
Sage: Right of reply
Prompted by our piece that it was time to start the Sage M&A rumours again - Duane Jackson, Founder/CEO of Kashflow (they are screaming through the online accounting market for SMEs) informs PG Tips, somewhat that “I cannot confirm or deny rumours that KashFlow is performing a hostile takeover of Sage”. Mr Jackson ends his comments with a smiley face! : ) – so we are unsure if Mr Jackson is playing with us – but he probably is.