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Could Reckon’s ‘weird deal’ make it a more attractive takeover target?

Xero rivals Sage, Intuit and MYOB circle. With special audio feature.

Fri, 22 Jan 2016

In a deal that has largely flown under the radar, ASX-listed accounting software company Reckon has bought SmartVault, a US-based online document storage company.

Does the hookup make Reckon a more attractive takeover target for Xero rivals Intuit, Sage and MYOB?

Reckon [ASX: RKN] chief executive

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Could Reckon’s ‘weird deal’ make it a more attractive takeover target?
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