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Thursday, September 25, 2014

Deals of the day- Mergers and acquisitions, (NASDAQ: TIBX)

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: ** Vista Equity Partners and Thoma Bravo LLC are among a small group of private equity firms competing to purchase TIBCO Software Inc, a business software company with a market value of more than $3 billion, according to people familiar with the matter.** British property firm Hammerson is selling up to 71.3 million new shares to fund the purchase of its joint venture partner's stake in a shopping center in Leicester, central England, and a planned expansion in outlet fashion centers.

TIBCO Software Inc. (TIBCO) is a provider of middleware and infrastructure software. Shares of TIBX traded higher by 6.63% or $1.26/share to $20.26. In the past year, the shares have traded as low as $18.20 and as high as $26.90. On average, 2988540 shares of TIBX exchange hands on a given day and today's volume is recorded at 8368524.