OpenText (OTEX) closes Micro Focus (MFGP) (OTCPK:MCFUF) acquisition, total purchase price of ~$5.8B, inclusive of Micro Focus' cash and debt, subject to final adjustments. Total purchase price is 2.3x ...
Canadian-based Open Text's shares suffered from a downside of 20% when it announced the deal to acquire the U.K.'s Micro Focus. It could be because the merger synergies are not immediately obvious. To ...