Canadian-based Open Text's shares suffered from a downside of 20% when it announced the deal to acquire the U.K.'s Micro Focus. It could be because the merger synergies are not immediately obvious. To ...
Open Text is a high-debt, flat-revenue software company offering a 4% dividend but limited growth prospects. OTEX's $5.8B debt load forces asset sales and restricts investment, with deleveraging ...
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Montreal-based Jarislowsky Fraser bought 117,436 shares of Open Text Corporation for an estimated $3.8 million in the third quarter. Following the transaction, Jarislowsky Fraser owns nearly 21.2 ...