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Stock Market & Financial Investment News

News Breaks
January 15, 2014
11:27 EDTRVBDRiverbed price target raised to $24 from $20 at Oppenheimer
Oppenheimer raised its price target on Riverbed citing the company's better-than-expected pre-announcement and its improving fundamentals. The firm maintains its Outperform rating on Riverbed, but noted that the stock may be range-bound until Elliott responds to the company's rejection of the investor's takeover bid.
News For RVBD From The Last 14 Days
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January 20, 2015
16:54 EDTRVBDRiverbed board recommends holders vote for adoption of merger with Thoma Bravo
On December 15, 2014, Riverbed Technology announced that it entered into a definitive agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan.

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