Open Text to acquire Micro Focus in all-cash US$6 billion deal
Waterloo-based information management company Open Text has announced it has reached an agreement to acquire UK software giant Micro Focus in an all-cash US$6 billion deal. Open Text is offering 532 pence (about US$6.30) per Micro Focus share, a 99 per cent premium over Thursday’s closing price. Open Text said that it will fund the
Open Text to acquire Micro Focus in all-cash US$6 billion deal
Waterloo-based information management company Open Text has announced it has reached an agreement to acquire UK software giant Micro Focus in an all-cash US$6 billion deal. Open Text is offering 532 pence (about US$6.30) per Micro Focus share, a 99 per cent premium over Thursday’s closing price. Open Text said that it will fund the