Palo Alto Networks to Acquire CyberArk in $25 Billion Cash-and-Stock Deal
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Palo Alto Networks is set to acquire CyberArk in a cash-and-stock deal valued at approximately $25 billion, with unanimous approval from both companies' boards. CyberArk shareholders will receive $45.00 in cash and 2.2005 shares of Palo Alto Networks stock for each share. The transaction is expected to close in the second half of Palo Alto Networks’ fiscal 2026, pending customary closing conditions.
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