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Carbonite Holder J2 Global Proposes To Acquire Remaining Stake For $15/Share

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BZ NOTE:

  • J2 Global Reports Stake Of 9.42%

From Filing:

  • On December 2, 2014, the Reporting Person submitted to the Issuer a non-binding proposal (the “Proposal”) to acquire all outstanding Shares that the Reporting Person does not now already own at a price of $15.00 per Share payable in cash, representing a 28% premium to $11.76, the closing price of the Shares on that day.

Posted-In: News M&A

 

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