Cisco's offer price of $157 per share in cash represents a premium of about 31% to Splunk's Wednesday close. 'Combined, Cisco and Splunk will become one of the world's largest software companies and will accelerate Cisco's business transformation to more recurring revenue,' the companies said in a joint statement. Cisco shares were down nearly 5% in premarket, while trading in Splunk stock was halted.
Have Room in Your TFSA? Start Earning Tax-Free Dividends With Just $15,000
Use the tax-sheltered status of the TFSA to hold quality dividend stocks such as Enbridge and create a stable income stream. The post Have Room in Your TFSA? Start Earning Tax-Free Dividends With Just $15,000 appeared first on The Motley Fool Canada.OTTAWA — Canada's inflation rate has been rising for two consecutive months as underlying price pressures remain stubbornly high, a combination that makes the Bank of Canada's next interest rate decision more challenging.
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