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Monday, April 18, 2005
Now this is some news...
Adobe Systems Incorporated (Nasdaq: ADBE) has announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion. Under the terms of the agreement, which has been approved by both boards of directors, Macromedia stockholders will receive, at a fixed exchange ratio, 0.69 shares of Adobe common stock for every share of Macromedia common stock in a tax-free exchange. Based on Adobe’s and Macromedia’s closing prices on Friday April 15, 2005, this represents a price of $41.86 per share of Macromedia common stock.
more details HERE.
Posted by Mihai Botea : 4/18/2005 07:22:00 pm
06/01/2004 - 07/01/2004
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New corporate finance director at KPMG
Interest rates are going down
Bill Clinton Attends Branding Conference In Romani...
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