LogMeIn, which provides software and services to help people connect remotely, is selling itself to two private equity firms in a deal that values the tech company at $4.3 billion
LogMeIn Inc. is selling itself to two private-equity companies in an all-cash deal that values the technology company at about $4.3 billion.
Affiliates of Elliott Management Corp. and Francisco Partners are buying LogMeIn for $86.05 a share in cash, a 4.4% premium to the company’s closing price Monday. The stock had risen 25% since October through Monday, amid reports of a possible deal.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
LogMeIn to be acquired by private equity affiliates in $4.3 billion dealLogMeIn Inc. said Tuesday that it has entered into an agreement to be acquired by private-equity affiliates in an all-cash deal valued at about $4.3 billion....
Consulte Mais informação »
Carlyle, others to buy stake in AmEx's corporate travel businessPrivate equity firm Carlyle Group LP said on Tuesday it had agreed to buy a stak...
Consulte Mais informação »
ICM Partners Sells Minority Stake To Private Equity Firm Crestview PartnersICM Partners has received an Investment from New York-based private equity firm Crestview Partners. Financial terms are not be disclosed, but the agency confirmed that the ICM partnership will main…
Consulte Mais informação »
Intel acquires Israel-based Habana Labs for $2 billionIntel Corp has acquired Israel-based artificial intelligence firm Habana Labs fo...
Consulte Mais informação »
Opinion | Warren Would Destroy Private Equity—at Everyone’s ExpenseFrom WSJopinion: The private-equity firms Sen. Warren vilifies are vital for improving lagging businesses, and their returns are widely shared, writes AndyPuzder
Consulte Mais informação »
America’s Largest Private Companies 2019For 35 years, Forbes has tracked the ups and downs of America’s largest private companies. Take a look at this year's list:
Consulte Mais informação »