Micros Systems Jumps After ValueAct Capital Takes 7.5% Stake
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Micros Systems Inc., a maker of software for the hospitality and retail industries, jumped the most in 18 months after ValueAct Capital Management disclosed a stake in the company.
ValueAct acquired 5.9 million shares, or a 7.5 percent stake, in Columbia, Maryland-based Micros Systems, according to a regulatory filing today.