Dutch treat (NOUN) ... An outing, as for dinner or a movie, in which all persons pay their own expenses. (American Heritage Dictionary)
Somehow this one seems to have escaped the notice of most of the US tech press: Exact Holdings (based in Amsterdam) is talking to private equity firms about a sale, including Infor backer Golden Gate Capital. This article in the Financial Times has the skinny.
For those of you keeping score, that would mean a second tombstone for the venerable Macola ERP apps, and a third for the trio of small-company products acquired most recently from Kewill: MAX, Alliance/MFG, and JobBOSS.