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Wednesday, 6-Nov-2013 04:54 Email | Share | Bookmark
Open Text Acquiring GXS Group For $1.17 Billion

Open Text is a software business which is acquiring cloud-technology business GXS Team pertaining to around $1.17 billion within money and stock.? Open Up Text can be paying $1.07 billion throughout cash along with $100 million within stock.? Portion associated with the cash portion will probably be utilized to repay GXS' debt.? GXS stockholders will personal among 2.1% along with 2.4% associated with open Text stock following your acquisition can be completed. [Source: ABC] Open Text Acquiring GXS Team Regarding $1.17 Billion

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