poniedziałek, 7 kwietnia 2014

Vocus to be taken private in $446.5 million deal

(Reuters) - Vocus Inc, a provider of cloud-based marketing and public relations software, said it would be bought by private equity firm GTCR Valor Merger Sub Inc for about $446.5 million. GTCR will offer $18 per Vocus share, representing a premium of 48 percent to Vocus's closing share price on Friday. GTCR will also buy Vocus's Series A convertible preferred stock for $77.3 million. The deal is expected to close in the second quarter of 2014. Shares of Beltsville, Maryland-based Vocus closed at $12.18 on the Nasdaq on Friday. ...



via Tech News Headlines - Yahoo News http://ift.tt/OrbcDL

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