MYOB Group Limited (ASX:MYO), a leading provider of online business management solutions, is pleased to announce that it has entered into a purchase agreement to acquire the assets of the Accountant Group in Australia and New Zealand from Reckon Limited (ASX:RKN), for a total consideration of A$180 million.
Yesterday the Australian shares closed higher led by banks and the resources sector. The benchmark S&P/ASX200 index rose 38.7 points, or 1.12 per cent, at 3508.6, while the broader All Ordinaries gained 38.3 points, or 1.12 per cent, at 3445.8. The market is expected to be quiet when investors await the details of the US rescue plan.
Reckon Limited (ASX: RKN) - Interim Results - Mr Clive Rabie, CEO; Boardroomradio is pleased to announce that Reckon Limited (ASX: RKN) has published an audio file.