Adobe buys Macromedia
 

Adobe Systems Incorporated (Nasdaq: ADBE) has announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion. Under the terms of the agreement, which has been approved by both boards of directors, Macromedia stockholders will receive, at a fixed exchange ratio, 0.69 shares of Adobe common stock for every share of Macromedia common stock in a tax-free exchange. Based on Adobe?s and Macromedia?s closing prices on Friday April 15, 2005, this represents a price of $41.86 per share of Macromedia common stock.

http://www.adobe.com/aboutadobe/invr...acromedia.html

wow again?

Adobe rocks :thumbsup

Wow, very interesting info.
Thanks for that link man.

That's really interesting!!

nice sale

that's big money

Those boys at Adobe are fucking pimp pimp... But what about the boys at Macromedia? They are the ones Getting Paid and Laid - in a big way!

Adobe's offices are basically just down the street from us....I wanna go over their and say, "Congratulations...One company selling overpriced software buys another company selling overpriced software! Does this mean photoshop will be twice as expensive?"

:winkwink:

news of the year! :)

no shit...