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Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock (Bloomberg) from Techmeme RSS feed.
Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock (Bloomberg)
Bloomberg:
Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock — Check Point Software Technologies Ltd. is raising $1.5 billion from the sale of a five-year zero-coupon convertible bond, partly to help fund share buybacks.