Actuate Corp. (BIRT) announced Friday morning that it agreed to be acquired by an affiliate of Open Text (OTEX) for $6.60 in cash per share. The transaction is expected to close in the first quarter of 2015.
Actuate has gapped open dramatically higher this morning and is now up 3.05 at $6.55 on the highest volume in 7 months. The stock has leaped to a 10-month high.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.