Market Overview

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

Share:
Related CARB
Benzinga's Top Upgrades, Downgrades For June 26, 2017
Carbonite (CARB) Catches Eye: Stock Adds 8.3% in Session
Carbonite to Present at the Oppenheimer —…th Annual Technology, Internet and Communications ... (GuruFocus)
Related JCOM
Why Is j2 Global (JCOM) Down 3.4% Since the Last Earnings Report?
Mid-Day Market Update: Crude Oil Down Around 2%; Zosano Pharma Shares Spike Higher

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

 

Related Articles (JCOM + CARB)

View Comments and Join the Discussion!