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According to Reuters, Datawatch Corporation (DWCH) approached by buyers

  • January 5, 2018

POTENTIAL DEAL DETAILS

StockDatawatch CorporationSymbolDWCH
Date Announced01/05/2018Source Reuters
TypeNews Report
Date of Confirmation: 11/05/2018Price at Confirmation: $13.04
Potential Profit: 14.39%Annualized Profit: 17.27%

Datawatch Corp (DWCH), a U.S. data analytics software company, has hired a financial adviser after receiving expressions of interest from potential acquirers, sources familiar with the matter said on Thursday.

Update(s):

November 05, 2018: Altair (ALTR) and Datawatch Corporation (DWCH) today announced the signing of a definitive merger agreement under which Altair has agreed to acquire Datawatch. Under the terms of the agreement, Altair will pay $13.10 per share in cash, representing a fully diluted equity value of approximately $176 million. The transaction was unanimously approved by the Boards of Directors of both companies.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.