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Imperva Sold In $2.1B Go-Private Deal; Cybersecurity Stocks Trade Down
Wednesday, October 10, 2018 - 11:28am | 429Read More...Cybersecurity provider Imperva Inc (NASDAQ: IMPV) agreed Wednesday morning to sell itself to private equity firm Thoma Bravo for an approximate 30-percent premium. What Happened The deal prices Imperva at $55.75 per share; the stock closed at $43 Tuesday. The sale values Imperva at around...
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Cognizant Shares Rally Amid Activist Letter; How Is Elliott's Track Record?
Tuesday, November 29, 2016 - 10:13am | 624Read More...Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares were on a tear following the release of a letter by Elliott Management that outlined a three-part "Value Enhancement Plan," which envisages a nice bump up in its stock price to $80–$90 by the end of 2017, up 50–69 percent in...
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Gadfly: Credit Market Is Now More Linked To Technology Companies 'Than Ever Before'
Tuesday, September 20, 2016 - 10:32am | 512Read More...To some investors, Apple Inc. (NASDAQ: AAPL)'s growing debt level serves as a case against investing in the company. However, it is reasonably safe to assume that Apple's debt levels won't cause any sort of financial crisis. The same can reasonably be said for some of Apple's largest technology...
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SolarWinds Gets Bought Out In A Perfect 'Home Run' Scenario
Wednesday, October 21, 2015 - 2:24pm | 337Read More...Shares of SolarWinds Inc (NYSE: SWI) surged higher by more than 15 percent on Wednesday. SolarWinds announced it has been acquired by Silver Lake Partners and Thoma Bravo for $60.10 per share. Daniel Ives of FBR commented in a note that the transaction is a "Murphy-like home run...
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6 Movers To Keep An Eye On Next Week
Saturday, July 18, 2015 - 10:18am | 345Read More...Let’s take a look at Friday’s after-hours movers; investors should monitor these names next Monday. The biggest gainer on Friday afternoon was Tallgrass Energy GP LP (NYSE: TEGP), which traded up more than 4.4 percent, at $31.21, recuperating much of the ground lost during the...
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Compuware's Chris O'Malley On The Company's New 'Startup Mentality'
Monday, December 22, 2014 - 12:54pm | 569Read More...Following a buyout by Chicago-based Thoma Bravo LLC, Detroit-based Compuware Corporation was taken private and split in two. One of the two new components retained the Compuware name, will remain in Detroit and will be headed by new CEO, Chris O’Malley. Benzinga spoke with O’...
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Compuware To Go Private For $10.92 A Share
Tuesday, September 2, 2014 - 10:41am | 185Read More...Compuware (NASDAQ: CPWR) agreed to be acquired Tuesday for $2.5 billion or $10.92 a share by the private equity firm Thoma Bravo LLC. Shares of Compuware were halted and the stock last changed hands at $10.58 a share. The Detroit-based software developer's shareholders will receive a net...
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Dell Secures SonicWALL in New Acquisition
Tuesday, March 13, 2012 - 12:44pm | 489Read More...UPDATE: Dell's acquisition of SonicWALL rumored at $1.2 billion. Not one to shy away from big-time competitors such as Apple Inc. (NASDAQ: AAPL) or Hewlett-Packard Company (NYSE: HPQ), Dell Inc. (NASDAQ: DELL) has just acquired another leg up on the competition – except this time, it's in less...
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Wedbush Raises PT on Blue Coat Systems After Acquisition Announcement
Friday, December 9, 2011 - 2:01pm | 201Read More...Wedbush Securities has published a research report on Blue Coat Systems (NASDAQ: BCSI) and has raised the price target from $19 to $25.81 following the company's announcement that it will be acquired by private-equity firm Thoma Bravo. In the report, Wedbush writes, "Company indicated in a press...
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Sterne Agee Maintains Neutral on Blue Coat Systems Following Acquisition Announcement
Friday, December 9, 2011 - 12:09pm | 162Read More...Sterne Agee has published a research report on Blue Coat Systems (NASDAQ: BCSI) after the announcement that the company would be acquired by private equity firm Thoma Bravo. In the report, Sterne Agee writes, "Blue Coat Systems will be acquired for $25.81/share, a 48% premium to yesterday's...
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Piper Jaffray Raises PT on Blue Coat Systems to $25.81
Friday, December 9, 2011 - 11:48am | 172Read More...Piper Jaffray has published a research report on Blue Coat Systems (NASDAQ: BCSI) and has raised the price target from $19 to $25.81. In the report, Piper Jaffray writes, "This morning Blue Coat Systems entered into a definitive agreement to be acquired by private equity firm Thoma Bravo for $25....
