Hewlett-Packard/ArcSight
On September 13, 2010, Hewlett-Packard (NYSE: HPQ) announced that they had entered an agreement to acquire ArcSight (Nasdaq: ARST) for a purchase price of $43.50 per share, or a total consideration of $1.5 billion.
The acquisition will be conducted by means of a cash tender offer for
all of ArcSight's outstanding shares of common stock. The closing
of the acquisition, which is subject to customary closing conditions, is
expected to occur by the end of the calendar year.
The acquisition will be conducted by means of a cash tender offer for
all of ArcSight's outstanding shares of common stock. The closing
of the acquisition, which is subject to customary closing conditions, is
expected to occur by the end of the calendar year.
-
Notable ETF Movers of the Day 09/13: SPY, XLF, SMH Higher; VXX, UUP Lower
-
Notable Mergers and Acquisitions of the Day 09/13: HPQ/ARST, HTZ/DTG, GENZ/LH
-
HP Acquires ArcSight In Second Major Deal This Month
-
Morning Movers 09/13: GTSI, CYCC, ARST, TSRX, OCCF, ENTR Higher; DYP, DGW, BDCO Lower
