The group had been holding him hostage in neighbouring Mali

The group had been holding him hostage in neighbouring Mali.(Reporting by Lamine Chikhi; writing by Christian Lowe; editing by Philippa Fletcher). LONDON–(Business Wire)–The Board of Micro Focus International plc (“Micro Focus”) has increased itsfully funded cash offer to US$1.15 for each outstanding Borland share. Thisvalues the acquisition of Borland`s equity, on a fully diluted basis, atapproximately US$88 million. The terms of the revised offer have been unanimously approved by the Board ofDirectors of both Micro Focus and Borland. Borland will commence the mailing ofits Definitive Proxy Statement to shareholders by Friday, 19 June 2009. MicroFocus will be sending its Circular to Shareholders shortly afterwards.

Further to the announcement made on 1 June 2009, the financial buyer that made apreliminary non-binding indication of interest for Borland Software Corporation(“Borland”) has withdrawn from the process. Commenting on the proposed acquisition, Stephen Kelly, Chief Executive Officerof Micro Focus International plc, said: “Both companies are fully focused on completing the transaction which we believeis based on strong strategic rationale and is therefore in the best interests ofboth companies, their shareholders, employees and customers.” Notes to editors:About Micro FocusMicro Focus, a member of the FTSE 250, provides innovative software that allowscompanies to dramatically improve the business value of their enterpriseapplications. Micro Focus Enterprise Application Modernization and Managementsoftware enables customers` business applications to respond rapidly to marketchanges and embrace modern architectures with reduced cost and risk. Foradditional information please visit FocusTel: +44 (0)1635 32646Stephen Kelly, Chief ExecutiveorNick Bray, Chief Financial OfficerorTim Brill, Head of Corporate Communications & IRorFinancial DynamicsTel: +44 (0)20 7831 3113Charles Palmer /Haya Chelhot/ Nicola Biles Copyright Business Wire 2009. June 18 (Reuters) – Bankrupt U.S. auto parts maker DelphiCorp’s DPHIQ.PK debtor-in-possession (DIP) lenders are mullingan offer for the company, the New York Post said, citing aperson familiar with the matter.

Stocks  |  Mergers & Acquisitions  |  Bankruptcy Hedge fund Elliott Associates, one of the firms that lentmoney to Delphi through a $2.9 billion DIP credit line, is seenas a possible lead bidder among the DIP lenders, the paper said Delphi could not be reached for comment. Delphi, which filed for bankruptcy in 2005, said earlierthis month it had reached a deal to sell most of its globaloperations to private equity firm Platinum Equity. The dealincludes $4 billion in funding from bankrupt General Motors CorpGMGMQ.PK, which spun off Delphi in 1999 [ID:nN01473610] U.S. Bankruptcy Judge Robert Drain said at that time Delphihad to open its sale up to other investors in an auction. Theauction will take place on July 17 if additional bidders comeforward, according to court documents filed on Tuesday.