Notable Mergers and Acquisitions of the Day 7/1: BORL, BLL, HRSH

Courtesy StreetInsider.com News Articles  Wed, 07/01/2009 - 07:32
  • On June 30, 2009, Borland Software Corporation (Nasdaq: BORL) entered into a Second Amendment to Agreement and Plan of Merger by and among Bentley Merger Sub, Inc., Micro Focus International plc, Micro Focus, Inc. and the Company, dated May 5, 2009, as amended on June 17, 2009.

    The Second Amendment provides that (i) the merger consideration under the merger agreement increased from $1.15 to $1.50 per share in cash and (ii) the termination fee payable in certain circumstances increased from...
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