Under the agreement, Brocade will pay a combination of $18.50 of cash plus 0.0907 shares of Brocade common stock in exchange for each share of Foundry common stock, representing a total value of $19.25 (based on Brocade’s closing …
Brocade Communications Systems, a maker of data-storage network switches, said on Monday that it had agreed to settle a class-action lawsuit related to backdated stock options. Brocade said it would pay $160 million to plaintiffs in …
BEAVER FALLS — The bridal gowns — many embellished with delicate lace, exquisite brocade and stunning beadwork — are ... Now until closing, all stock
Shares of Ruckus Wireless Inc. soared 35% in premarket trade Monday, after the wireless services company agreed to be acquired by Brocade Communications Systems Inc. in a stock and cash deal that values Ruckus at about $1.5 billion. …
NEW YORK (AP) — Brocade said Monday that it plans to buy Ruckus Wireless for about $1.2 billion ... will get about $14.43 for each share they own in a mix of cash and stock, a 44 percent premium from Ruckus’s closing stock price of …
It will also help the chipmaker dig deeper into the connected devices and cars market. Brocade's common stock will stop trading on Nasdaq and the firm will operate as a unit of Broadcom, the company said in a statement.
Brocade (BRCD) announced that it entered into a definitive agreement to acquire Ruckus Wireless (RKUS) in a cash and stock transaction. The acquisition is expected to complement Brocade’s enterprise networking portfolio and will …
Go directly to your stock of interest and access today's free coverage at: http://protraderdaily.com/optin/'symbol=AVGO …
In the criminal case against Reyes and Jensen, the government alleges that the executives backdated meeting minutes of a committee of Brocade's directors "so that it appeared that the committee met and stock options were granted and …
(Reuters) - Network gear maker Brocade Communications Systems Inc said on Monday it would buy Ruckus Wireless Inc in a cash and stock deal worth about $1.5 billion to add Ruckus's Wi-Fi products to its enterprise networking business. …