LONDON (Thomson Financial) - NSB Retail Systems PLC said the High Court of
Justice has sanctioned the scheme of arrangement to carry out the recommended
cash acquisition of NSB by Epicor Software Corp, acting through its Epicor
Retail Solutions Inc unit.
For the scheme to become effective in accordance with its terms, the High
Court must now confirm the capital reduction of NSB's share capital at a second
hearing, which is expected to take place on Feb 6, NSB Retail said.
On Dec 17, NSB Retail said it agreed to a 160.1 mln stg takeover offer from
Epicor.
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