Friday, April 06, 2007

Struggling WebMethods Finds a Buyer in Germany - washingtonpost.com

More WEBM details 

At $9.15 per share, the deal would offer WebMethods stockholders a premium of 25.7 percent over Wednesday's closing price of $7.28.

But it is a long way from the heady days of 2000 when the company's shares traded above $308, making the 30-something couple who founded the business in the basement of their Burke townhouse worth more than $1 billion on paper. Back then, WebMethods bought another company for $1.3 billion.

Source: Struggling WebMethods Finds a Buyer in Germany - washingtonpost.com

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