The bidding war for troubled communications technology company Whispir has erupted, with duelling suitors Pendula and Soprano desperate to strike a deal.
Venture capital-backed Pendula has raised its bid for Whispir from 57¢ to 60¢ a share after rival bidder Soprano increased its bid from 48¢ to 52¢.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com