Absolute announces clearance under australia's foreign acquisitions and takeovers act

Vancouver, british columbia & san jose, calif.--(business wire)--absolute software corporation (nasdaq: abst) (tsx: abst) (“absolute” or the “company”) announced today that 1414364 b.c. ltd. (the “purchaser”) has obtained a no objection notification under australia's foreign acquisitions and takeovers act 1975 (the “fata”) in connection with the previously announced acquisition of all of the outstanding shares of absolute (the “shares”) by the purchaser, an affiliate of crosspoint capital partn.
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