Gigamon Inc. (GIMO) stock prices updated...

Gigamon Inc. stock price

Gigamon Inc. latest news:

  • 10/26/2017 15:59:14

    BRIEF-Gigamon will be required to pay Ginsberg a termination fee of $47.2 mln‍​‍​

    * Gigamon - upon termination of deal with Elliott under specific cicumstances, co will be required to pay Ginsberg Holdco termination fee of $47.2 million ‍​‍​

  • 10/26/2017 14:49:24

    Gigamon agrees to be acquired by Elliott for $1.6 billion

    Shares of Gigamon Inc. rose nearly 6% late Thursday after the company said private-equity firm Elliott Management had agreed to buy it for $1.6 billion. After the deal is completed, Gigamon will become a private company, it said. In a separate statement, Gigamon said it earned $2.2 million, or 6 cents a share, in the third quarter, compared with $6.1 million, or 16 cents a share, in the year-ago period. Adjusted for one-time items, Gigamon earned $9.5 million, or 23 cents a share, compared with $14 million, or 36 cents a share, a year ago. Revenue fell to $79.2 million, compared with $83.5 million in the third quarter of fiscal 2016. Analysts polled by FactSet had expected adjusted earnings of 23 cents a share on sales of $84.7 million.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • More trends:

    Gildan ActivewearGIL | GlatfelterGLT | Glaukos CorporationGKOS | GlaxoSmithKline PLCGSK | Global Brass and Copper HoldingsBRSS | Global Cash Access HoldingsGCA | Global High Income Dollar FundGHI | Global Net LeaseGNL | Global Partners LPGLP | Global Payments Inc.GPN |