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What: Camelot Information Systems
So what: Broker/dealer Susquehanna says CitiVentures may be considering a takeover of Camelot. Susquehanna said CitiVentures' deal to acquire Ness Technologies
Now what: Ness Technologies' stock popped 14% on the deal announcement and is up 21% since rumors of the deal broke last week. Camelot's P/E ratio of 33 is already close to Ness' P/E ratio of 35, though. That begs the question of how much more an acquirer might be willing to pay and suggests there may be limited room for upside.
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Fool contributor Cindy Johnson does not own shares of any company named above. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.