UPDATE:

I still think VIGN is a takeover target, and so does The 451 Group (here’s another article by them on this topic)

Currently trading at $6.78.

As reported months ago in this article by The 451 Group, Content Management Software vendor Vignette could be a likely takeover target in the near future.

Arb Status: WATCH

Deal Stage: none yet

Not much to go on yet, just a few nice articles (the 451 articles above).