Monitise - Re: MONI Stream Log - copied and pasted from advfn,...

copied and pasted from advfn, Stay focused,ignore the noise,remember it's august (silly season) Last para...... Monitise rejects sale offers as founder Alastair Lukies steps down By Matthew Finnegan | Mar 25, 2015 The founder of mobile banking and payments software firm Monitise, Alastair Lukies, is to step down from his role as co-CEO, following the conclusion of a strategic review that will see the company remain independent. Monitise had announced that it would consider takeover offers in January, as it sought ways to hasten growth and capitalise on interest in mobile banking and payments. The review of its business has now come to an end, with a statement from the company’s board today that “the best way of maximising long-term value for shareholders is to continue as an independent company”. The company claimed it received “a number of expressions of interest” from various parties. It had previously been speculated that IBM, which has a close partnership with the payments firm, would be among those making a takeover bid.