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The Dept. of Justice wants more information about Microsoft (MSFT) and its efforts in cyber security as it probes Thoma Bravo’s planned $2.3 billion purchase of ForgeRock (NYSE:FORG) amid reports that the regulator may be looking to block the deal.
After a “last rites” meeting last week, where the companies tried to convince the DOJ to not block the deal, the parties are getting new questions about Microsoft’s (MSFT) growth in the identity management sector, according to a Politico Pro report and tweet late Wednesday.
The latest update comes after reports last week that the DOJ appeared to be leaning toward a lawsuit to block the ForgeRock (FORG) deal with Thoma Bravo. The regulator remains concerned that the company is too close a competitor to Ping, which Thoma Bravo acquired last year.
The companies have given the DOJ until July 26 to decide whether the regulator will sue, according to a Politico report last week.
Bloomberg also reported on Friday that the DOJ agreed to continue to meet with Thoma Bravo on the FORG deal after the “last rites” meeting took place.
Investors have been concerned about the deal after ForgeRock said in December it received a request for more information from the DOJ in regard to its planned $23.25 per share sale to Thoma Bravo.
