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👤Leslie Bailey
🕔December 20, 2014
Riverbed Technology, Inc. (Nasdaq:RVBD) gained $1.57, or 8.38%, to $20.31 after the company agreed to be acquired by private equity investment firm Thoma Bravo and the private investor department of Ontario Teachers’ Pension Plan. Riverbed stockholders will receive $21 per share in cash, or a total of approximately $3.6B, which Wells Fargo views as a “good decision” and good deal for the company given the challenges in its business.…
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👤Leslie Bailey
🕔December 17, 2014
Armstrong World Industries, Inc. (NYSE:AWI) brings ValueAct partner Gregory Spivy on board. Armstrong World Industries announced on December 15, that it has entered into a Nomination and Shareholder Agreement with the “ValueAct Group”. The ValueAct Group currently beneficially owns approximately 17% of the company’s outstanding common stock.…
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