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03.05.2024 03:35:14 - dpa-AFX: Progress Software Confirms No Intention To Bid For MariaDB
WASHINGTON (dpa-AFX) - Progress Software Corp. (PRGS) confirmed Thursday
that it does not intend to make an offer for MariaDB plc.
On 19th April, Progress Software announced a possible offer to acquire shares of
cloud database company MariaDB for $0.60 per share in cash, valuing the entire
issued capital at around $40.6 million. The offer had included a premium of 9
percent to the possible offer made by K1 Capital, 88 percent to MariaDB's last
30 days average closing share price, and 216 percent to MariaDB's closing share
price on February 5.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
that it does not intend to make an offer for MariaDB plc.
On 19th April, Progress Software announced a possible offer to acquire shares of
cloud database company MariaDB for $0.60 per share in cash, valuing the entire
issued capital at around $40.6 million. The offer had included a premium of 9
percent to the possible offer made by K1 Capital, 88 percent to MariaDB's last
30 days average closing share price, and 216 percent to MariaDB's closing share
price on February 5.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
PROGRESS SOFTWARE DL-,01 | 884284 | Frankfurt | 50,500 | 12.07.24 08:00:08 | +1,300 | +2,64% | 0,000 | 0,000 | 50,500 | 50,500 |
