Month: May 2021

Zscaler to be Industry’s First Security Vendor to Integrate Active Defense into a Zero Trust Architecture SAN JOSE, Calif., May 25, 2021 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that it has entered into a definitive agreement to acquire Smokescreen Technologies, a leader in active defense and deception technology. Smokescreen’s cutting edge capabilities will be integrated into the Zscaler Zero Trust Exchange™, further building upon Zscaler’s ability to precisely detect the most sophisticated, highly targeted attacks, ransomware, and lateral movement attempts. Additionally, Smokescreen will help provide rich threat intelligence and telemetry for the Zscaler team to proactively hunt for emerging adversary tactics and techniques. The transaction is subject to standard closing...

NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) — Harvest Capital Credit Corporation (NASDAQ: HCAP) (“HCAP”) and Portman Ridge Finance Corporation (NASDAQ: PTMN) (“PTMN”) today announced that the deadline (the “Election Deadline”) for HCAP’s stockholders of record to elect to receive cash consideration in lieu of shares of PTMN common stock in connection with the pending merger of PTMN and HCAP (the “Merger”) is 5:00 p.m., Eastern Time, on June 2, 2021.  The Election Deadline is based on PTMN’s and HCAP’s expectation that HCAP’s special meeting of stockholders to approve matters relating to the Merger will be held as scheduled on June 7, 2021. The terms of the proposed Merger are set forth in the Agreement and Plan of Merger (the “Merger Agreement”), dated as of December 23, 2020, by and among PTMN, Rye Acquisition Sub Inc., a direct wholly-owned...

SANTA MONICA, Calif., May 25, 2021 (GLOBE NEWSWIRE) — Leaf Group Ltd. (NYSE: LEAF) (“Leaf Group” or the “Company”), a diversified consumer internet company, today announced that Institutional Shareholder Services Inc. (“ISS”) has recommended shareholders vote to approve its merger agreement with Graham Holdings Company (NYSE: GHC) (“Graham Holdings”). Deborah A. Benton, Leaf Group’s Chair of the Board, commented: “Leaf Group is pleased that ISS has recognized the significant immediate and certain value this transaction offers our shareholders. Their analysis supports the Board of Directors’ conclusion that this merger agreement is a categorically better outcome for Leaf Group’s shareholders than the potential value that might be generated through continued standalone operation. The Board continues to unanimously recommend that...