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Stock impact report

Progress Software Corp. Announcement under the Irish Takeover Rules [Yahoo! Finance]

Progress Software Corporation (PRGS) 
Last progress software corporation earnings: 3/26 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.progress.com
Company Research Source: Yahoo! Finance
THIS IS AN ANNOUNCEMENT UNDER THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES"). IT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE. BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“ Progress ”) has expressed interest in acquiring MariaDB plc (“ MariaDB ”), via an announcement under Rule 2.4 of the Takeover Rules. Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders? Why MariaDB and Progress Belong Together We think that the best acquisitions are mutually beneficial for both organizations. In a new blog published today, John Ainsworth, our Executive Vice President and General Manager, Application and Data Platform, discusses the Show less Read more
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