J2 Global Looks To Buy Remaining Shares Of Carbonite

By | December 3, 2014

Scalper1 News

Cloud-based communications and storage company J2 Global aims to acquire the remaining shares of backup services provider Carbonite that it doesn’t already own. Los Angeles-based J2 Global (JCOM) submitted a non-binding proposal to acquire shares of Carbonite (CARB) for $15 per share, or about $366.4 million, according to an SEC filing. J2 Global provides Internet cloud-based software for government agencies as well as for digital media companies Scalper1 News

Scalper1 News