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Posts Tagged ‘Tibco Software Inc’

(Reuters) – Business software maker Tibco Software Inc said it is reviewing its strategic and financial alternatives as part of a process initiated by its board on Aug. 16 to maximize shareholder value. Tibco has formed a special committee of independent directors to undertake the review. The company said it had retained Wilson Sonsini Goodrich […]

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(Reuters) – Business software maker Tibco Software Inc has been approaching potential suitors, including private equity firms, Wall Street Journal reported, citing people familiar with the matter. Tibco shares closed up 7.5 percent at $20.75 on the Nasdaq on Wednesday. The company had a market value of $3.2 billion as of Tuesday close. The early-stage […]

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