January 8, 2002 - Borland has announced that it has completed its acquisition of Starbase Corporation.
Under the terms of the merger agreement between Borland and Starbase dated October 8, 2002, Borland acquired Starbase for an aggregate consideration of approximately $24 million. Pursuant to the merger agreement, on October 11, 2002, Borland commenced an all-cash tender offer to acquire all outstanding shares of Starbase at a price of $2.75 per share. In the tender offer, which expired on November 22, 2002, appro..
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