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Palo Alto Networks closing on over $20B acquisition of CyberArk

calcalistech.com
13 pointstomashertus3 comments
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This was $25B this morning. What changed?

Following the report, CyberArk’s stock surged by 13% in U.S. trading, while Palo Alto's stock declined by 3%.

Seems the market is happy for the purchased but not the buyer. Hope that works out for them.

$25B is "over $20B", so I guess phrasing changed?

Said something about a stock swap so maybe the number was set to almost $25B and then the stock dropped.

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