Thoma Bravo to acquire Proofpoint in $12.3 billion deal : vi

Thoma Bravo to acquire Proofpoint in $12.3 billion deal


Thoma Bravo to acquire Proofpoint in $12.3 billion deal
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It is the largest-ever acquisition of a cloud firm by venture capital
Thoma Bravo to acquire Proofpoint in $12.3 billion deal
Private equity investment firm Thoma Bravo has entered into a definite agreement to acquire cyber security vendor Proofpoint, in a deal valued at $12.3 billion (£8.9 billion).
As part of the all-cash transaction, Thoma Bravo will pay a 34 per cent premium over Proofpoint's closing share price on 23rd April ($131.78), with Proofpoint shareholders set to receive $176 (£127) per share in cash.

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