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Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued a


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2023-09-21 12:11:12
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Cybersecurity Business

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Molly Schuetz / Bloomberg:

Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued at ~$28B  —  Cisco will pay $157 a share in cash, the companies said in a statement Thursday.  That represents a 31% premium to Splunk's previous closing price on Wednesday.




Molly Schuetz / Bloomberg:

Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued at ~$28B  —  Cisco will pay $157 a share in cash, the companies said in a statement Thursday.  That represents a 31% premium to Splunk's previous closing price on Wednesday.



Source: TechMeme
Source Link: http://www.techmeme.com/230921/p14#a230921p14


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