Agreements, Senior Level Appointments, and Regulatory Filing - Research Reports on TIBCO, IronMountain, CSC, Concur and SunEdison
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NEW YORK, October 2, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Tibco Software Inc. (NASDAQ: TIBX), Iron Mountain Inc. (NYSE: IRM), Computer Sciences Corporation (NYSE: CSC), Concur Technologies, Inc. (NASDAQ: CNQR) and SunEdison Inc. (NYSE: SUNE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6927-100free.
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Tibco Software Inc. Research Reports
On September 29, 2014, Tibco Software Inc. (TIBCO) announced that the Company has entered into a definitive agreement, under which it will be acquired by Vista Equity Partners for approx. $4.3 billion, including the assumption of net debt. According to the terms of the agreement, TIBCO stockholders will receive $24.00 per share in cash, representing a premium of 26.3% to the closing price of TIBCO common stock on September 23, 2014. The Company informed that the agreement was unanimously approved by TIBCO's Board of Directors following a thorough review of strategic and financial alternatives conducted by a Special Committee of the Board. The Company plans to close this transaction in Q4 2014, subject to approval by TIBCO stockholders, regulatory approvals and other customary closing conditions. Following this announcement, the Company's stock rallied 21.22% to close the session at $23.65. The full research reports on TIBCO are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/TIBX/report.pdf
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Iron Mountain Inc. Research Reports
On September 15, 2014, Iron Mountain Inc. (Iron Mountain) reported the appointment of Jennifer Allerton to its Board of Directors. The Company also informed that its longtime Board Member and one of the Company's founders, Vincent J. Ryan, has decided to retire from the Company's Board, effective November 1, 2014. Allerton currently serves as an Independent Director on the Boards of Oxford Instruments and Aveva Group. Allerton previously served as Chief Information Officer at F. Hoffman-La Roche Ltd.'s Pharma Division. Iron Mountain's Board Chairman Alfred J. Verrecchia, said, "I am pleased to welcome Jennifer Allerton to our board. Jennifer's leadership experience in IT strategy and operations of global businesses, especially in emerging markets, will be instrumental as we continue to strategically expand our global presence. At the same time, I would like to express my deep appreciation for Vin's extensive tenure with Iron Mountain." The full research reports on Iron Mountain are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/IRM/report.pdf
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Computer Sciences Corporation Research Reports
On September 16, 2014, Computer Sciences Corporation (CSC) reported that the Company has appointed Michael Sweeney as Interim Corporate Controller and Principal Accounting Officer. The Company informed that Michael Sweeney will succeed Thomas Colan, who is stepping down for personal reasons. Sweeney has formerly served as CSC's Assistant Corporate Controller and Controller of the Company's North American Public Sector (NPS) segment. The full research reports on CSC are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/CSC/report.pdf
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Concur Technologies, Inc. Research Reports
On September 18, 2014, Concur Technologies, Inc. (Concur) reported that the Company's Japanese subsidiary Concur Japan, Ltd. (Concur Japan) and ABeam Consulting Ltd. (Abeam Consulting) have entered into a strategic collaboration agreement focusing on indirect expense management. As part of the collaboration, ABeam Consulting's ABeam Innovative Cost Optimization Solutions (ABEAM ICOS) will merge with Concur Technologies' cloud service to deliver an all-around service to enhance clients' indirect expense management systems and establish a structure for indirect expense management. The Company stated that the Concur Japan-ABeam Consulting collaboration will help existing customers make their business administration more sophisticated, as well as provide Japanese companies the extra help they need to enhance their international competitiveness through cost structure optimization. Masamune Mimura, CEO of Concur Japan, said, "Our collaboration positions us to provide more efficient support for Japanese companies' profit structures, and I'm certain it will let us help Japanese companies raise their competitiveness." The full research reports on Concur are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/CNQR/report.pdf
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SunEdison Inc. Research Reports
On September 29, 2014, SunEdison Inc. (SunEdison) announced the confidential submission of a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) regarding the proposed IPO of the common stock of a yieldco vehicle focused on contracted clean power generation assets in attractive, high growth, emerging markets, primarily in Asia (excluding Japan) and Africa. The Company is yet to decide the number of shares of common stock to be sold and the price range for the proposed offering. Subject to market and other conditions, the IPO is expected to commence after the completion of the review process by the SEC. The full research reports on SunEdison are available to download free of charge at:
http://www.analystsreview.com/Oct-02-2014/SUNE/report.pdf
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