Company plans change in sales approach after strategic review
Thursday 13 Feb 2020 Author: Steven Frazer
Infrastructure software company Micro Focus ( MCRO ) has abandoned plans to sell off parts of the business and return to cash to shareholders, a move that may scupper any hopes of a possible takeover of the whole business. Micro Focus has effectively been in play since its latest profit warning in August 2019 sparked a strategic review of the business by the board. Many analysts felt that the...