Found in the popular press today (not such good news for Aruba customers), the following:
NEW YORK (MarketWatch) -- Shares of Aruba Networks ARUN, -0.64% fell 1.3% in premarket trade Monday, after the company announced an agreement to be acquired by Hewlett-Packard HPQ, -0.03% confirming media reports out last week, in a deal valued at $3 billion. The deal is expected to close in the second half of H-P's fiscal 2015. Under terms of the deal, Hewlett-Packard will pay $24.67 in cash for each outstanding Aruba share, which is below Friday's closing price of $24.81. The stock shot up 35% at the end of last week, after Bloomberg News reported on Wednesday that H-P was in talks to buy the network-products company. H-P's stock, which fell 9.5% through Friday after the report of its interest in Aruba, tacked on 0.7% in premarket trade.
NEW YORK (MarketWatch) -- Shares of Aruba Networks ARUN, -0.64% fell 1.3% in premarket trade Monday, after the company announced an agreement to be acquired by Hewlett-Packard HPQ, -0.03% confirming media reports out last week, in a deal valued at $3 billion. The deal is expected to close in the second half of H-P's fiscal 2015. Under terms of the deal, Hewlett-Packard will pay $24.67 in cash for each outstanding Aruba share, which is below Friday's closing price of $24.81. The stock shot up 35% at the end of last week, after Bloomberg News reported on Wednesday that H-P was in talks to buy the network-products company. H-P's stock, which fell 9.5% through Friday after the report of its interest in Aruba, tacked on 0.7% in premarket trade.