Vista Equity Partners to Acquire DH Corp in $3.6 Billion Deal

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 37309
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

Vista Equity Partners to Acquire DH Corp in $3.6 Billion Deal

Postby kreslik.news » Sun Mar 12, 2017 3:19 pm


Austin-based private equity firm Vista Equity Partners is one step closer to acquiring Canadian financial services provider DH Corp., in a deal valuing the company at $2.03 billion.

DH Corp stockholders will receive CAD 25.50 per share of common stock in cash. This represents a 11 percent premium to DH Corp’s average closing share price on Friday, and 36 percent above where shares closed over the last 90 trading days.

Vista’s acquisitions often focus on software, data, and technology-enabled businesses. The business being sold makes software with varied uses but caters mainly to lenders, credit unions, governments and corporations.

The company’s stock has ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”