carb – Scalper1

J2 Global Pushing Harder To Acquire Carbonite

J2 Global (JCOM) is pushing harder to acquire shares of Carbonite that it doesn’t already own, even after criticizing Carbonite for its recent hiring of a new CEO and for a recent acquisition announced by Carbonite. In a press release Wednesday, J2, a cloud and digital media services, said it delivered a letter to Carbonite (CARB) executives Tuesday advising them that it intends to acquire the cloud back-up services company for $15 a share in

J2 Global Looks To Buy Remaining Shares Of Carbonite

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