Friday, August 26, 2022

Open Text plans to buy UK-based enterprise software company Micro Focus for ~$6B including debt, a 99% premium on Thursday's close; Micro Focus stock jumps 90%+ (Derek Decloet/Bloomberg)

Derek Decloet / Bloomberg:
Open Text plans to buy UK-based enterprise software company Micro Focus for ~$6B including debt, a 99% premium on Thursday's close; Micro Focus stock jumps 90%+  —  Canada's Open Text Corp. struck a deal to buy UK software firm Micro Focus International Plc for about $6 billion including debt …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...