Zuora, Silver Lake and GIC
Zuora rises as Silver Lake, GIC to take company private in $1.7B takeover deal
Zuora (NYSE:ZUO) shares were up 5% in premarket trade, after it said it will be acquired by Silver Lake, in partnership with an affiliate of GIC, in a $1.7 billion take private deal. Under the deal, Silver Lake and GIC will acquire all outstanding shares of Zuora at $10 apiece in cash,
Zuora Stock Pops on Deal To Sell to PE Firm Silver Lake
Zuora stock jumped Thursday after announcing it will be acquired by private equity firm Silver Lake in a deal valued at $1.7 billion.
Zuora Enters into Definitive Agreement to be Acquired by Silver Lake and GIC For $1.7 Billion
Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced that it has entered into a definitive agreement to be acquired by Silver Lake, the global leader in technology investing,
Billing software firm Zuora to go private in $1.7 billion deal with Silver Lake, GIC
Billing software firm Zuora said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion, sending its shares up nearly 6% in early trading.
Zuora to be acquired by Silverlake and GIC in $1.7B cash deal
Under the terms of the agreement, Silver Lake and GIC will acquire all outstanding shares of Zuora stock at $10 per share in cash. That’s a premium to Zuora shares, which were trading at $9.42 prior to the announcement but as low as $8.36 over the last month. Officially, the acquisition price is offering an 18% premium on Zuora’s last stock price.
Silver Lake and GIC Acquire Zuora
Investment firms Silver Lake and GIC are acquiring Zuora, providers of a business monetization suite, in a stock deal valued at $1.7 billion.
Silver Lake, GIC To Acquire Zuora - Quick Facts
Zuora (ZUO) has entered into a definitive agreement to be acquired by Silver Lake, in partnership with an affiliate of GIC Pte. Ltd.
Billing software firm Zuora to go private in $1.7 bln deal with Silver Lake, GIC
Zuora: The company, founded in 2007, offers billing software and other subscription management tools to enterprise customers, which include cloud computing firm Nutanix and Siemens Healthineers.
Zuora to Be Taken Private by Silver Lake, GIC in $1.7 Billion Deal
Zuora (ZUO) said Thursday that it agreed to be acquired and taken private by investment firm Silver Lake in partnership with an affiliate of GIC in a deal valued at about $1.7 billion. Shareholders of the subscription management software company will receive $10 per share in cash,
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ZUORA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Zuora, Inc. …
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Subscription management firm Zuora agrees to be acquired for $1.7B
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Zuora (ZUO) Receives a Buy from Lake Street
Lake Street analyst Jacob Stephan maintained a Buy rating on Zuora (ZUO – Research Report) today and set a price target of $13.00. The ...