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Stock Market & Financial Investment News

News Breaks
July 25, 2014
08:52 EDTRVBDFundamental change may be needed for Riverbed, says Janney Capital
Janney Capital said Riverbed's mediocre quarter and guidance make it harder to believe in management's premise that the company can drive higher value than a private equity firm would offer. Janney lowered its fair value estimate on the stock to $21 from $23, but believes Elliott's buyout offer should provide downside protection and keeps its Buy rating on the shares.
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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