Barclays Upgrades Tibco Software, Inc. (TIBX) to Equalweight
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RBC Capital Downgrades Tibco Software, Inc. (TIBX) to Sector Perform
September 30, 2014 6:55 AM EDTRBC Capital downgraded Tibco Software, Inc. (NASDAQ: TIBX) from Outperform to Sector Perform with a price target of $24.00.
For an analyst ratings summary and ratings history on Tibco Software, Inc. click here. For more ratings news on Tibco Software, Inc. click here.
Shares of Tibco Software, Inc. closed at $23.65 yesterday.
... MoreVista Equity Partners to Acquire TIBCO Software (TIBX) for $24/Share
September 29, 2014 7:31 AM EDTTIBCO Software (NASDAQ: TIBX) announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners, a leading private equity firm focused on software, data and technology-enabled businesses. Under the terms of the agreement, TIBCO stockholders will receive $24.00 per share in cash, or a total of approximately $4.3 billion, including the assumption of net debt. The agreement was unanimously approved by TIBCO's board of directors following a thorough review of strategic and financial alternatives conducted by a Special Committee of the Board.
"The sale of TIBCO to Vista will provide our... More
