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10 Things To Know About The $560M Palo Alto Networks-Demisto Deal

Here's a look at 10 of the biggest reasons Palo Alto Networks and Demisto came together to leverage the power of automation and deliver more immediate threat prevention and response.

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10. The Deal Will Be Paid For With Both Cash And Stock

Palo Alto Networks plans to pay for its $560 million purchase of Demisto using a combination of cash and stock, Arora said.

The vast majority of the dilution associated with issuing additional shares of stock to complete this Demisto transaction has been offset by Palo Alto Networks' completion of a $1 billion share repurchase program in the quarter ended Jan. 31, with the company repurchasing $350 million of stock in the most recent quarter, Arora said.

Palo Alto Networks won't know until the close how much of the transaction cost is going to be paid using cash and how much will be paid through the issuance of new stock, Arora said. The company's stock is up $2.70 (1.19 percent) in trading Tuesday afternoon to $229.47 per share.

 
 
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