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Fly News Breaks for March 29, 2016
IBM, ORCL, HPE, QLIK
Mar 29, 2016 | 08:29 EDT
After Reuters reported that Qlik (QLIK) hired Morgan Stanley to explore strategic alternatives, BMO Capital thinks that the company could be acquired for about $37 per share. The firm says that HP Enterprise (HPE), Oracle (ORCL) and IBM (IBM) "could have some interest" in Qlik. However, it keeps a Market Perform rating on Qlik.