Cloudera jumps after Bloomberg says exploring sale amid interest - InvestingChannel

Cloudera jumps after Bloomberg says exploring sale amid interest

Cloudera is exploring a potential sale after receiving takeover interest, Liana Baker and Crystal Tse of Bloomberg report, citing people familiar with the matter. The company is working with a financial adviser to evaluate its options and has held discussions with potential buyers including private equity firms this year, sources told Bloomberg. Shares of Cloudera are up 20%, or $2.01, to $12.13 in afternoon trading following the report.