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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Splunk Inc | NASDAQ:SPLK | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 156.90 | 156.95 | 157.00 | 0 | 01:00:00 |
From May 2023 to May 2024
By Colin Kellaher
Networking equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk.
Cisco on Thursday said it would pay $157 a share in cash for Splunk, a 31% premium to Wednesday's closing price of $119.59 for the San Francisco company.
San Jose-based Cisco said it expects to complete the transaction, which won't impact its stock-buyback program or its dividend, by the end of the third quarter of calendar 2024.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 21, 2023 08:08 ET (12:08 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Splunk Chart |
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