PATNI COMPUTER SYSTEMS
**The iGate offer to delist Patni closed on March 30. iGate had set a floor price of Rs 356.74/share in the Patni delisting offer and the company required bids for a minimum of 1.51 Cr shares to go ahead with the delisting process, reports CNBC-TV18
**Majority of shares out of nearly 1.42 Cr shares getting offers at Rs 520
**iGate management has said that if they do get bids above the Rs 450 mark, it would be too expensive to go ahead with the delisting of Patni
**The Economic Times reported that the New York-based hedge fund, Elliott Management, with a 9.4% stake which is large enough to swing the delisting outcome either ways, has offered to tender its holding at a price of Rs 520/share
