BRIEF-Atlassian To Acquire Loom To Supercharge Team Collaboration
Oct 12 (Reuters) - Atlassian Corp:
* ATLASSIAN TO ACQUIRE LOOM TO SUPERCHARGE TEAM COLLABORATION
* ATLASSIAN TO ACQUIRE LOOM TO SUPERCHARGE TEAM COLLABORATION
* ATLASSIAN CORP: PROPOSED DEAL FOR APPROXIMATELY $975 MILLION
* ATLASSIAN CORP: TOTAL CONSIDERATION WILL BE COMPRISED OF APPROXIMATELY $880 MILLION IN CASH, AND REMAINDER IN ATLASSIAN EQUITY AWARDS
* ATLASSIAN CORP - EXPECTS TO FUND CASH CONSIDERATION THROUGH EXISTING CASH BALANCES
* ATLASSIAN CORP - ACQUISITION IS EXPECTED TO BE SLIGHTLY DILUTIVE TO NON-GAAP OPERATING MARGINS IN FISCAL YEARS 2024 AND 2025
* ATLASSIAN CORP - TRANSACTION IS NOT EXPECTED TO HAVE AN IMPACT ON COMPANY'S SHARE REPURCHASE STRATEGY Source text for Eikon: Further company coverage:
