NasdaqGS:CVLTSoftware
Commvault Sale Talks Put Mixed Shareholder Returns In Fresh Focus
Commvault Systems (NasdaqGS:CVLT) is reportedly working with Goldman Sachs to review takeover interest.
Potential bidders are said to include both private equity firms and industry buyers.
The process is at an exploratory stage and could influence the future ownership and direction of the company.
For shareholders, this comes at a time when Commvault Systems is trading at around $99.81, with the stock down 19.6% year to date and down 44.5% over the past year, while still showing a gain of...