Google Completes Previously Announced Acquisition of Apigee Corporation (APIC)

November 10, 2016 8:56 AM EST

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

Apigee Corporation (NASDAQ: APIC) today announced the completion of the previously announced acquisition by Google (NASDAQ: GOOGL). Under the terms of the definitive agreement for the acquisition, Apigee stockholders will receive $17.40 per share in cash, for a total value of approximately $625 million. As a result of the completed acquisition, Apigeeā€™s common stock will cease trading on the Nasdaq Global Select Market.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Mergers and Acquisitions

Related Entities

Morningstar, Inc., Definitive Agreement

Add Your Comment