December 5, 2014 / 4:08 PM / in 3 years

BUZZ-OpenText Corp: To buy Actuate Corp

** Canadian software maker's shares up 2.5 pct at C$67.76

** To buy California-based software company Actuate Corp for $6.60 per share or $330 mln in cash

** Offer at 89 pct premium to Actuate's Thursday close of $3.50

** Actuate stock up 87 pct at $6.55

** Up to Thursday's close, shares of OpenText had risen about 36 pct this year on the Toronto Stock Exchange, Actuate stock had fallen 54 pct on Nasdaq

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below