ACTU says agreement would destroy jobs, increase economic inequality and drive up health costs
Australia’s union movement has set itself on a collision course with the federal Labor party, calling for a rejection of the Trans-Pacific...
The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday Decmeber 5 throught Sunday December 7, 2014:
Merck in Talks to Acquire Cubist for ~$100/Share
Merck & Co Inc. (NYSE: MRK), is reportedly in...
NEW YORK (TheStreet) -- Shares of Actuate Corp.
are climbing higher by 87.14% to $6.55 on very heavy volume in mid-morning trading on Friday, after the company announced it's being acquired by OpenText Corp.
for $6.60 per share, or...
Open Text Corporation (USA) (NASDAQ: OTEX) announced on Friday that it has agreed to acquire Actuate Corp (NASDAQ: BIRT) for $6.60 per share, valuing the company at $330 million.
Shares of Actuate closed Thursday at $3.50.
Open Text will...
By David Hernandez:
Actuate Corporation (NASDAQ:BIRT) produces open source software solutions for the Business Intelligence industry. From 2009-2013, the company's revenue grew at a CAGR of 3.0% or 12.7% in total. Although revenue growth was...
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