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Stock Market & Financial Investment News

News Breaks
July 30, 2014
08:41 EDTEGANeGain to acquire Exony for approximately $16.1M
eGain announced it has signed a definitive agreement to acquire Exony. The acquisition extends eGain's platform with contact center management, reporting and analytics capabilities. Pursuant to the terms of the share purchase agreement, eGain will acquire Exony for a purchase price of approximately $16.1M, consisting of approximately $8M payable in cash and $8M payable through the issuance of approximately 1.21M shares of eGain common stock. The purchase price is subject to adjustment based on Exony's working capital at the closing. The transaction is expected to close within one week. Exony generated revenue of approximately $15M in its fiscal year ended September 30, 2013.
News For EGAN From The Last 14 Days
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October 28, 2014
16:43 EDTEGANeGain files to sell 1.21M shares of common stock for holders

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