Oct. 28 at 2:46 PM
$CYBR Added initial position at least as a trade, which is like buying the combination of
$CYBR and
$PANW which bought the CYBR for 2.2005 shares of
$PANW +
$45/share provided the deal is approved.
That makes the deal a slight premium of about 2.05% over PANW today. The deal is expected to take a while to close, in H2 2026. The Trump Admin is not blocking mergers the way Biden's Admin was, so it's expected to be approved.
CYBR itself is in an uptrend but at the lower end of its channel.
Meanwhile PANW is breaking out to new highs. Today is Day 2 of the breakout.
