FireEye reportedly rejected buyout offers; shares
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Posted On: 06/15/2016 3:12:59 PM
FireEye reportedly rejected buyout offers; shares pop
Jun 15 2016, 14:58 ET | By: Eric Jhonsa, SA Eye on Tech, SA News Editor Contact this editor with comments or a news tip
Bloomberg reports FireEye (FEYE +5.4%) has rejected several takeover offers.The report follows speculation a tech giant such as Cisco or IBM will bid for threat-prevention hardware/software/services provider as shares continue trading at depressed levels. FireEye rose on Monday after Symantec announced it's buying Blue Coat for $4.65B.
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imo absolutely a *target* for M&A .. pretty much for well over a year now
4kids
Jun 15 2016, 14:58 ET | By: Eric Jhonsa, SA Eye on Tech, SA News Editor Contact this editor with comments or a news tip
Bloomberg reports FireEye (FEYE +5.4%) has rejected several takeover offers.The report follows speculation a tech giant such as Cisco or IBM will bid for threat-prevention hardware/software/services provider as shares continue trading at depressed levels. FireEye rose on Monday after Symantec announced it's buying Blue Coat for $4.65B.
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imo absolutely a *target* for M&A .. pretty much for well over a year now
4kids
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