Unsurprising
Not really a very lively market these day, the EPOS sector, so it's no surprise that the K3 didn't attract any good offers.
In the same sector, Cerberus had to offload Torex recently for £160m odd, having bought it for £205m a few years back in some very shady dealings by RBS. Cerberus's new management were convinced that they could bolt on a few acquisitions, polish the brass nameplate, and sell it on for a billion dollars. All those shareholders and employees who were short changed in the original Torex Retail debacle can at least enjoy the satisfaction that Cerberus came out of this smelling of s***. But I suspect that the loss on sale that Cerberus would have realised did nothing for K3's sale prospects, whilst making an even more sizeable competitor for K3's operations by bringing together Micros' UK interests with the legacy Torex contracts.