Progress Software (PRGS) CEO Bhatt to Resign; Sees Q4 Weakness
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CEO Departure Puts Progress Software (PRGS) in Bind - Analyst
October 8, 2012 3:01 PM EDTEarlier today, Progress Software (NASDAQ: PRGS) announced the departure of its CEO, Jay Bhatt. Analyst at Wedbush said they believe the departure of the CEO is the culmination of several months of discussions between Bhatt and a technology company outside of enterprise infrastructure software.
"We are inclined to... More
