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HTE |
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Nasdaq:HTEI), a leading provider of enterprise-wide software solutions for the public sector organizations and utilities worldwide, announced today that as a result of unsolicited indications of interest in business combinations at a premium to current trading prices, HTE has re-engaged Broadview International, LLC to provide strategic financial advice to the company, including evaluating the initial approaches as well as additional proposals from strategic and financial buyers. On October 29, 2001, HTE effected the redemption by delivering notice to Tyler and depositing the total amount of the purchase price with an escrow agent. HTE effected the redemption in accordance with the requirements of Florida's control shares statute by delivering notice of redemption to Tyler on October 29, 2001 and depositing the total amount of the purchase price with an escrow agent. |
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