Market Overview

Informatica Offers To Acquire Heiler Software

Related INFA
Mizuho Securities USA Feels Confident in Informatica Ahead of 1Q14 Results
Weakness Seen in NQ Mobile (NQ): Stock Tanks 13.0% - Tale of the Tape

Informatica (NASDAQ: INFA) offered to acquire all the outstanding shares of Heiler Software AG for around 80.8 million euros ($103.9 million).

The offer price of 7.04 euros per share represents a 147% premium over Heiler's closing price on Friday.

Informatica shares closed at $34.85 on Friday.

Posted-In: merger and acquisitionNews M&A

 

Most Popular

Related Articles (INFA)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free