Pre-Open Stock Movers 03/25: (KFX) (KRFT) (LL) Higher; (APOL) (CBK) (NSM) Lower (more...) - InvestingChannel

Pre-Open Stock Movers 03/25: (KFX) (KRFT) (LL) Higher; (APOL) (CBK) (NSM) Lower (more…)

Kofax Limited (Nasdaq: KFX) 45.7% HIGHER; Lexmark International, Inc. (NYSE: LXK) and Kofax Limited (Nasdaq: KFX) announced that the two companies have entered into a merger agreement in which Lexmark will acquire Kofax. Under the terms of the merger agreement, Lexmark will acquire all of the outstanding shares of Kofax for $11.00 per share in cash for a total enterprise value of approximately $1 billion, net of cash acquired.

Kraft Foods Group, Inc. (NASDAQ:

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