Trader’s Buzz: Actuate Corporation (BIRT), Silicon Image, Inc. (SIMG), Tesla Motors (TSLA), Apple (AAPL)

Actuate Corporation (BIRT) shares spiked more than 87% Friday morning after the company said OpenText (OTEX) has signed an agreement to acquire Actuate for $6.60 per share in cash for a total equity value of $330 million, less Actuate’s cash, for an enterprise value of $272 million. OpenText said it will fund the acquisition with […] View the full post at: Trader’s Buzz: Actuate Corporation (BIRT), Silicon Image, Inc. (SIMG), Tesla Motors (TSLA), Apple (AAPL) Related posts: Will Congress back down on stricter rules for Wall Street? Median and Core CPI Inflation Show Price Stability Apple iPad Sales Hit 1 Million Just 28 Days After its Introduction
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