Cleary Gottlieb is representing OpenText Corporation (NASDAQ: OTEX)(TSC: OTC), a Canadian corporation and a global leader in enterprise information management, in its $1.165 billion acquisition of GXS Group, Inc., a leader in business-to-business cloud integration. The $1.165 billion purchase price will be funded through $800 million of debt, $265 million of cash and $100 million of equity to holders of GXS capital stock that are “accredited investors” in compliance with new SEC Rule 506(c).
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