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Stock Market & Financial Investment News

News Breaks
March 4, 2014
10:45 EDTRVBDElliott says buyback shows Riverbed 'focused on the wrong issues'
Elliott Management issued a statement in response to Riverbedís announcement of an expanded stock repurchase program. Elliott said, "Riverbed's announcement today of an increased buyback program is more clear evidence of the Board's entrenchment. Riverbedís shareholders want and expect the Board to explore a value-maximizing sale, not to reflexively announce a buyback when the stock is up 35% on buyout speculation. Instead of engaging interested buyers, the Board has once again confirmed that it is focused on the wrong issues and desperately searching for any tactic that will allow it to retain control over a public Riverbed. The correct path forward is for the Board to allow all interested buyers, including Elliott, to conduct diligence so they can present shareholders with their best offers for the Company."
News For RVBD From The Last 14 Days
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November 20, 2014
13:57 EDTRVBDRiverbed receives expressions of interest from Thoma Bravo, Bain, Reuters says
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13:15 EDTRVBDRiverbed receives expressions of interest from Thoma Bravo, Bain, Reuters says
Reuters reports that Riverbed has received expressions of interested from Bain Capital, Thoma Bravo and Hellman & Friedman.
November 18, 2014
07:36 EDTRVBDUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link
November 17, 2014
11:24 EDTRVBDRiverbed turns positive after confidentiality pact with Elliott disclosed
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11:20 EDTRVBDRiverbed signs confidentiality agreement with shareholder Elliott
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