In the face of a hostile takeover bid, Edgewater Technology has authorized the review of choices that could enhance shareholder value. The decision by the board of directors of the Dynamics reseller comes as the company's management faces a hostile takeover attempt by Lone Star Value Investors and Ameri Holdings, which have submitted a bid of $8.50 per share for all of Edgewater's shares. The Edgewater board has unanimously rejected the offer.

Australia-based UXC has agreed to a buyout offer from Computer Sciences Corp. That translates to about 90 cents per share. In Australian dollars, that is $1.22 per share plus a 2-cent-per share interim dividend for the half year ending December 31. The companies did not do the math but there were about 330 million shares outstanding when UXC's year ended on June 30 so that puts the deal around $297 million. The total of $1.24 per share is down from the initial $1.26-per-share offer.

In the continuing chain of Sage employment and alumni news, Donna Armstrong last month became Global VP Sales for Zap Business Intelligence. Armstrong, who had worked at Sage since 2010, was VP of sales for X3 North America for three years until leaving month. Interesting that when I clicked on the name "Zap" in Armstrong's LinkedIn profile, it brought up an ad for a senior sales position in the United States and says that person could work from a home office and that there were four applicants.