Source - SMW
Bond International Software has confirmed it has received a highly preliminary approach from ESW regarding its possible intention to make a cash offer. 

Bond says ESW has not put forward any indication of the price, timing, terms or transaction structure of any offer it might make.

Bond says the company's directors will listen to and consider any detailed proposal which might be forthcoming from ESW. 

However, Bond shareholders should be aware there can be no certainty that a firm offer by ESW will be made, nor as to the terms on which any firm offer might be made. If and when any such firm offer is made by or on behalf of ESW, the board will set out its opinion on the terms proposed.