Freecom.net last month trumped a £30 million offer from Australian software group Solution 6 with a £45.8 million bid.
Last week software supplier Electronic Data Processing also said it was considering making a bid.
Sage has also indicated that it may be interested in buying Pegasus.
But today’s 796p-a-share offer by Freecom has been recommended by Pegasus.
Jonathan Hubbard-Ford, chief executive of Pegasus said: ‘We believe this revised offer fairly values Pegasus and we look forward to the opportunity to build on both companies’ e-commerce strengths to create a powerful force in the SME sector.’
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union