Ahh! Outlook! Here is the link… http://finance.yahoo.com/news/shareholder-alert-levi-korsinsky-llp-162500910.html
On 3/13/13 12:40 PM, "Fiskum, Steve" <[email protected]<mailto:[email protected]>> wrote: I think this is good news but of course lawyers start lining up to get a piece. http://finance.yahoo.com/news/shareholder-alert-levi-korsinsky-llp-16250091 0.html Steve On 3/13/2013 1:04 PM, Eric Dannewitz wrote: Launch Equity Acquires MakeMusic<http://techinmusiced.wordpress.com/2013/03/13/launch-equity-acq uires-makemusic/> Technology in Music Education Today, MakeMusic announced that Launch Equity will purchase the company. You can read MakeMusic¹s press release here<http://www.makemusic.com/wp-content/uploads/2012/12/Press-Release-MM US-LaunchEquity-Announcement-FINAL.pdf>. Launch Equity proposed the buyout last July (July 15, 2012), with the intent of taking the company private and then investing money into the company for a new CEO as well as updating software (particularly Finale¹s base code). In July, Launch Equity proposed a purchase price of $4.30 per share for the acquisition, it turns out they will actually buy the company at $4.85 per sharewhich is 31% above the stock price as of the close of business yesterday (If someone bought a lot of MakeMusic stock yesterday, they made a lot of money todayŠor will when the deal closes). I wouldn¹t expect too many changes from MakeMusic in the immediate future. The company has recently rebranded itself (take a look at their webpage and social media efforts), has an iPad app for SmartMusic in development, and continues to expand the SmartMusic library. Launch Equity proposed several things from their proposal back in July (available here<http://www.faqs.org/sec-filings/120716/MAKEMUSIC-INC_8-K/d380911dex9 92.htm>), which (other than taking the company private) include: - Investing at least $10 million in MakeMusic - Recruiting (and retaining) a CEO (remember that the CFO has been the interim CEO) - Upgrading Finale (and SmartMusic) SoŠit is a big day for MakeMusicand probably a normal day as well, as the agreement doesn¹t become official until Q2. What you can expect from MakeMusic is continued service and supportand I think more exciting days are coming in the future! _______________________________________________ Finale mailing list [email protected]<mailto:[email protected]> http://lists.shsu.edu/mailman/listinfo/finale _______________________________________________ Finale mailing list [email protected] http://lists.shsu.edu/mailman/listinfo/finale
