OpenText acquires Canada’s Carbonite

Canadian software developer OpenText has agreed to acquire US cybersecurity company Carbonite. The buyer will pay $800 million in cash, or $23.00 per Carbonite share. The price is a 25% premium to the target’s trading close on November 8. The agreed price also represents a 78% premium to the closing price on September 5, the last […]

AB Inbev to buy Craft Brew Alliance

World’s largest brewer Anheuser-Busch Inbev has said it will acquire the rest of the shares in US craft beer company Craft Brew Alliance for $16.50 in cash. The deal values the Portland-based firm at $321 million. AB Inbev currently owns 31.2% stake in Craft Brew. The transaction is subject to customary closing conditions. The acquisition […]