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Wednesday, November 26, 2014

EU mergers and takeovers (Nov 26), (NASDAQ: TIBX)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- Aerospace group Airbus and French engine maker Safran to set up a joint venture (approved Nov. 26)-- Private equity firm Vista Equity Partners to purchase U.S. business software maker Tibco Software Inc (approved Nov. 26)

TIBCO Software Inc. (TIBCO) is a provider of middleware and infrastructure software. Shares of TIBX traded higher by 0.39% or $0.093/share to $24.03. In the past year, the shares have traded as low as $18.20 and as high as $24.90. On average, 5160240 shares of TIBX exchange hands on a given day and today's volume is recorded at 12219391.