|Bid||54.58 x 0|
|Ask||54.59 x 0|
|Day's range||54.46 - 55.11|
|52-week range||37.40 - 57.96|
|Beta (5Y monthly)||1.11|
|PE ratio (TTM)||31.18|
|Earnings date||31 Jan 2024 - 05 Feb 2024|
|Forward dividend & yield||1.36 (2.47%)|
|Ex-dividend date||30 Nov 2023|
|1y target est||N/A|
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
WALTHAM, Mass., November 28, 2023--Rocket Software, Inc. ("Rocket Software"), a global technology leader driving modernization for the world’s largest companies, today announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText (NASDAQ: OTEX), (TSX: OTEX), which was formerly part of Micro Focus. The total purchase price is $2.275B.
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has reached a definitive agreement to divest its AMC business to Rocket Software, Inc., a Bain Capital portfolio company ("Rocket Software"), for US$2.275 billion in cash. OpenText's AMC business provides market leading mainframe modernization and connectivity software to more than 10,000 customers enabling them to run mission-critical business applications in hybrid cloud environments. Benefits of the transaction include