Pivotal Up 71% After Hours, VMware in Talks to Buy Company -- Update
August 14 2019 - 7:43PM
Dow Jones News
(Adds details)
By Josh Beckerman
Pivotal Software Inc. (PVTL) confirmed it is in discussions for
a potential sale to VMware Inc. (VMW) for $15 a share.
Shares were recently up 71% to $14.21 after hours.
Earlier Wednesday, VMware said in a regulatory filing that
special board committees of the companies "are proceeding to
negotiate definitive agreements."
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
August 14, 2019 19:28 ET (23:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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