Ron Burgundy Posted September 29, 2014 Share Posted September 29, 2014 By Liana B. Baker (Reuters) - Business software maker Tibco Software Inc on Monday agreed to be bought by private equity firm Vista Equity Partners for $4.3 billion, the latest software company to go private after becoming a target for activist investors. Vista will pay $24 per share in cash for Tibco. That would be a 26 percent premium to the stock's closing price on Sept. 23, the day before Reuters reported that several private equity suitors, including Vista, were vying for Tibco. Shares of Tibco were up 21.4 percent at $23.68 in afternoon trading. ... View the full article Quote Link to comment Share on other sites More sharing options...
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