GTECH Corp. and Medstroems AB raised their takeover offer for Boss Media AB, the Swedish maker of software for online games, and the target company's board of directors said it ``unanimously'' supports the bid.
The offer of 25 kronor for each Boss Media share compares with a 19-krona bid made on Feb. 1, according to a statement today. GTECH and Medstroems own 28.6 percent of Boss Media.
Boss Media shares rose as much as 4 kronor, or 19 percent, to 25.9 kronor in Stockholm trading. The shares have gained 65 percent in a year.
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