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Accounting software provider MYOB has rejected an unsolicited bid from a private equity firm, labelling the offer "inadequate". Directors said the $1.90 a share offer was not in shareholders' interests.

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Tabasco sauce is a brand of hot sauce made from tabasco peppers (Capsicum frutescens var. tabasco), vinegar, and salt, and aged in white oak barrels for three years. It has a hot, spicy flavor and is popular in many parts of the world.Tabasco is trademarked as the brand name for the variety of tabasco sauce marketed by one of the United States' biggest makers of hot sauce, the McIlhenny Company of Avery Island, Louisiana. Often, the word "tabasco" is rendered in lowercase when referring to the botanical variety, but in uppercase, "Tabasco," when referring to the actual trademarked brand name. While there are many other kinds on the market, Tabasco is the most famous brand of "hot pepper sauce". Although it is produced in the United States, it acquired its name from the state of Tabasco in Mexico.The McIlhenny Company is now in its fifth generation as a family-run business. All of the 145 shareholders either inherited their stock or were given it from another living family member.