State of the Art Offer

Sage Group PLC said Tuesday it completed its tender offer for stock of accounting software maker State of the Art Inc. in Irvine. State of the Art will become a unit of Sage Group, which now owns 98.6% of the Irvine company’s outstanding shares. The British firm, a leading provider of accounting software for small- to mid-size businesses in Europe, paid $22 a share for State of the Art’s stock. The stock, which trades on the Nasdaq market, will be removed by the end of March, the company said.