Open Text Reduces Total Maximum Tender Amount For Its Senior Notes Due 2028 From $450M To $300M
Open Text Corporation (the "Company" or "OpenText") (NASDAQ:OTEX), (TSX:OTEX) today announced it has amended certain terms of its previously announced cash tender offer (the "Tender Offer") for
Open Text is buying back fewer of its own bonds than it planned before. This tells you the company is being more careful with its cash right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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