Another Suitor for Borland?

According to Reuters, Micro Focus, which agreed in May to buy Borland, said on Monday that Borland had received a preliminary non-binding indication of interest from an unnamed financial buyer. The price offered would be $ 1.20 versus the $ 1 offered by Micro Focus. If the transaction is not approved by the shareholders, Borland […]

Hungry Micro Focus Eats Borland Cadaver (and More)

Borland Software Corporation announced that Micro Focus International plc and Borland have entered into a definitive agreement under which Micro Focus will acquire all the outstanding shares of Borland in a cash merger transaction. Micro Focus will acquire each outstanding share of common stock of Borland for $1.00 per share, representing a premium of 25% […]