OpenText acquires Micro Focus for $6 billion in an all cash transaction

OpenText has reached agreement on the terms of a recommended all-cash offer to be made by Open Text Corporation, through its wholly-owned subsidiary, OpenText UK Holding Limited (Bidco), to acquire the entire issued and to be issued share capital of Micro Focus at a price of 532 pence per share (the Acquisition), implying an enterprise value of approximately $6.0 billion on a fully diluted basis. The terms and conditions of the Acquisition are set out … More →

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