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Baronis Surges 13% on Report of Proofpoint Acquisition Talks

The Wall Street Journal +2 ·

VRNS
VRNS Varonis Systems Inc
$46.76 +10.41%
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  1. 1Shares of Baronis Systems (VRNS) jumped 13% on Wednesday afternoon following a Bloomberg report.
  2. 2Proofpoint, backed by Thomas Bravo, is in acquisition talks and had a market cap of roughly $4.7 billion before the report.
  3. 3People familiar with the matter said an announcement could come within weeks, but no final decision has been made and talks could still fall through.

This 3-line summary is compiled from the report below.

The Wall Street Journal +2 View original ↗
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