10:01 AM EST - Xenos Group Inc. : announces a definitive agreement with Actuate Corp., whereby Actuate would acquire all of the outstanding common shares of Xenos by way of a takeover bid at a price of $3.50 per share in cash. The transaction, which has been unanimously approved by the Actuate and Xenos Boards of Directors, places Xenos at an enterprise value of approximately $28.4 million. Xenos Group Inc.
shares T.XNS are trading up $1.35 at $3.45.
