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Stock Market & Financial Investment News

News Breaks
February 4, 2013
16:13 EDTCARBCarbonite reports Q4 EPS (1c), consensus (6c)
Reports Q4 revenue $23.7M, consensus $23.21M.
News For CARB From The Last 14 Days
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December 25, 2014
07:25 EDTCARBCarbonite says board to review j2 Global tender offer
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December 24, 2014
10:10 EDTCARBCarbonite tender offer too low, may be first in series, GeoInvesting says
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06:01 EDTCARBj2 Global intends to commence cash tender offer for Carbonite at $15 a share
j2 Global (JCOM) on December 23, 2014 delivered a letter, a copy of which is included below, to Carbonite (CARB) indicating its intention to commence a cash tender offer to acquire all outstanding shares of Carbonite. j2 is seeking to acquire Carbonite and will be offering, subject to the terms and conditions described in its tender offer documents, to pay $15.00 per share. The full terms, conditions and other details of the tender offer will be set forth in the offering documents that j2 Global will be filing with the Securities and Exchange Commission. The offer will not contain a financing condition. Consummation of the offer will not be subject to a minimum tender condition, although it will be conditioned on j2 being satisfied, in its reasonable judgment, that it will not be subject to the restrictions of Section 203 of the Delaware General Corporation Law.
December 23, 2014
08:07 EDTCARBEngine Capital sends letter to Carbonite board regarding j2 Global transaction
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December 15, 2014
09:18 EDTCARBCarbonite to acquire email archiving solution provider MailStore
Carbonite and MailStore, which offers email archiving solutions for small and midsize businesses, have announced that the companies have entered into a definitive agreement whereby Carbonite will acquire MailStore. Its flagship solution, MailStore Server, is used by more than 22,000 businesses, including public and educational institutions. The acquisition is subject to customary closing conditions and is expected to close in the fourth quarter of 2014.

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