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Carbonite rejects J2 Global's $415M takeover offer, explores alternatives
2015-01-12 03:47:00| Telecom - Topix.net
Boston-based online backup firm Carbonite said last Friday that it rejected the $415 million takeover offer from California-based J2 Global , but opened up the possibility of a sale of the company at some point in the future. J2 Global , an Internet services firm, had offered to buy Carbonite for $15 per share, a premium over Friday's closing price of $13.90 - or $415 million in cash.
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Category:Telecommunications