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IT

VMware completes tender for Carbon Black, creates new Security Business Unit

Tuesday 8 October 2019 | 16:02 CET | News
Update: 9 October 2019 | 13:13 CET
VMware said it successfully completed its tender for Carbon Black shares at USD 26 per unit in cash, representing a full enterprise value of USD 2.1 billion. The tender offer expired on 7 October. By that time, about 64.1 million Carbon Black were tendered and not withdrawn, making up 85.1 percent of all outstanding shares. The transaction was funded through cash on hand and short term loans. Carbon Black shares stopped trading on the Nasdaq Stock Market on 8 October.

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[09/10/2019 13:13 - Update: added information about new unit, final acquisition price]


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Categories: IT
Companies: VMware
Countries: World
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