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BOSTON, MA – Dec. 3, 2014 — /BackupReview.info/ — Carbonite, Inc. (Nasdaq:CARB), a leading provider of cloud and hybrid backup and recovery solutions for businesses, today announced that it has received an unsolicited proposal from J2 Global, Inc. (“J2″) to acquire all of the outstanding shares of Carbonite for $15.00 per share in cash.
Consistent with its fiduciary duties and in consultation with financial and legal advisors, Carbonite’s Board of Directors will carefully review and consider the offer to determine the course of action that it believes is in the best interests of the Company and its shareholders, taking into account the Company’s current strategic plan and growth initiatives.
As part of the commitment of Carbonite’s Board and management to shareholders, the Board regularly reviews all options for generating and delivering value. Carbonite does not intend to disclose developments regarding these matters unless and until its Board determines there is a material need to update the market.
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