OneSource, the B2B info service, has received an unsolicited bid to take it private, from 32 percent owner ValueAct Capital Partners. It has offered to pay $9.50 per share for the rest of the company in order to take it private, according to an Outsell news brief. That price is a 20 percent premium over the 30-day volume-weighted trailing average of OneSource shares through September 30. In a letter filed with the SEC today, ValueAct said that it believes OneSource can best concentrate on its long-term prospects if it is relieved of the short-term performance pressures that a public company faces.
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