Sage Group CEO Steve Kelly said this week that "nearly 40 percent of the top 100" employees in his company are new since he took over his job a year ago. If you have followed the items in the last two newsletters, there has been a flood of new names—almost all unannounced, but you can follow the trail through LinkedIn. During this week's 2015 earnings webcast, Kelly said "a majority are experience new joiners, complimented by a number of internal promotions."

In the face of a hostile takeover bid, Edgewater Technology has authorized the review of choices that could enhance shareholder value. The decision by the board of directors of the Dynamics reseller comes as the company's management faces a hostile takeover attempt by Lone Star Value Investors and Ameri Holdings, which have submitted a bid of $8.50 per share for all of Edgewater's shares. The Edgewater board has unanimously rejected the offer.

Australia-based UXC has agreed to a buyout offer from Computer Sciences Corp. That translates to about 90 cents per share. In Australian dollars, that is $1.22 per share plus a 2-cent-per share interim dividend for the half year ending December 31. The companies did not do the math but there were about 330 million shares outstanding when UXC's year ended on June 30 so that puts the deal around $297 million. The total of $1.24 per share is down from the initial $1.26-per-share offer.