Could Takeover Rumors On NetApp (NTAP) Have Some Meat?
Get Alerts NTAP Hot Sheet
Price: $178.50 +2.60%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
Revenue Growth %: +17.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
Revenue Growth %: +17.3%
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Michelle Leder's footnoted.org highlighted recently amended change in control agreements for NetApp, Inc. (NASDAQ: NTAP) CEO Daniel Warmenhoven and other unnamed executives. The changes come on the back of rumors the company could be the target of a takeover bid.
Michelle said it is possible the change was simply routine, but she is obviously noting this because amendments to change in control agreements sometime precede takeovers.
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