Palo Alto Networks closing on over $20B acquisition of CyberArk (opens in new tab)

(calcalistech.com)

13 pointstomashertus8mo ago3 comments

3 comments

This was $25B this morning. What changed?

> Following the report, CyberArk’s stock surged by 13% in U.S. trading, while Palo Alto's stock declined by 3%.

Seems the market is happy for the purchased but not the buyer. Hope that works out for them.

$25B is "over $20B", so I guess phrasing changed?

Said something about a stock swap so maybe the number was set to almost $25B and then the stock dropped.

j / k navigate · click thread line to collapse

This was $25B this morning. What changed?

> Following the report, CyberArk’s stock surged by 13% in U.S. trading, while Palo Alto's stock declined by 3%.

Seems the market is happy for the purchased but not the buyer. Hope that works out for them.

$25B is "over $20B", so I guess phrasing changed?

Said something about a stock swap so maybe the number was set to almost $25B and then the stock dropped.

j / k navigate · click thread line to collapse