Palo Alto Networks closing on over $20B acquisition of CyberArk
calcalistech.com
Palo Alto Networks closing on over $20B acquisition of CyberArk
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Re: Palo Alto Networks closing on over $20B acquisition of CyberArk
#2This was $25B this morning. What changed?
> Following the report, CyberArk’s stock surged by 13% in U.S. trading, while Palo Alto's stock declined by 3%.
Seems the market is happy for the purchased but not the buyer. Hope that works out for them.
Re: Palo Alto Networks closing on over $20B acquisition of CyberArk
#3This was $25B this morning. What changed? > Following the report, CyberArk’s stock surged by 13% in U.S. trading, while Palo Alto's stock declined by 3%. Seems the market is happy for the purchased but not the buyer. Hope that works out for them.
$25B is "over $20B", so I guess phrasing changed?
Re: Palo Alto Networks closing on over $20B acquisition of CyberArk
#4This was $25B this morning. What changed? > Following the report, CyberArk’s stock surged by 13% in U.S. trading, while Palo Alto's stock declined by 3%. Seems the market is happy for the purchased but not the buyer. Hope that works out for them.
$25B is "over $20B", so I guess phrasing changed?
Said something about a stock swap so maybe the number was set to almost $25B and then the stock dropped.