Adapt IT’s head office in Midrand, Johannesburg Huge Group’s effort to acquire Adapt IT appears to be dead in the water. This is after Canada’s Volaris Group offered shareholders R6.50/share in cash on Wednesday for the JSE-listed software services group. Whereas Huge’s bid is seen as hostile by Adapt IT management, the Volaris deal looks altogether friendlier. Adapt IT said Volaris has offered to buy 100% of Adapt IT. However, as part of the scheme, Adapt IT shareholders are entitled to elect to retain all or part of their shares in the to-be-delisted firm. Adapt IT shareholders collectively holding 21.6% have already furnished irrevocable undertakings in support of the deal