New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 9, 2014
06:27 EDTPLCM, RVBDStrategic buyer could pay over $25/share for Riverbed, says Citigroup
Citigroup expects Riverbed (RVBD) to reject Elliott's $19 per share takeover offer and believes potential outcomes could result in a stock value of $21-$25 per share. Citi estimates a financial buyer could pay up to $23 per share for Riverbed and still earn over 20% annually. The firm believes a strategic buyer could pay over $25 per share for the company. Citi views Riverbed as an attractive leveraged buyout candidate, and says the buyout math also looks attractive for its peer Polycom (PLCM). Citi estimates a financial buyer could pay $14 per share for Polycom. Riverbed closed yesterday up $1.68 to $19.53 while Polycom added 4c to $11.65.
News For RVBD;PLCM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 5, 2015
07:43 EDTPLCMMorgan Stanley to hold a conference
Subscribe for More Information
March 4, 2015
08:08 EDTRVBDBrocade completes acquisition of Riverbed
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use