Piotr Swat | Lightrocket | Getty Images Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close…
Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Jeenah Moon | Reuters CyberArk shares soared 13% on Tuesday after The Wall Street Journal reported that cybersecurity provider Palo Alto Networks has held discussions to buy the identity management…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks are slightly weaker, with the S & P 500 on track for its first negative session since July 18. Earnings could be the…
