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VRNS shares jump 10% on talks of Proofpoint buyout

Varonis Systems shares rose 10% Wednesday to their best day since early February, after a report said Proofpoint—owned by Thoma Bravo—is in talks to buy the company.

VRNS

Shares of Varonis Systems (VRNS) jumped 10% on Wednesday, marking the stock’s best day since early February, after a report said Proofpoint, the Thoma Bravo-owned email and collaboration security company, is in talks to buy it. The Wall Street Journal reported the talks, citing people familiar with the matter.

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