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Canadian cybersecurity company Absolute Software said on Thursday it had agreed to be taken private by Crosspoint Capital Partners for $657 million.... | May 11, 2023
Absolute shareholders to receive US$11.50 per share in cash The transaction is valued at US$657 million exclusive of Absolute’s debt The purchase price represents a premium of... | May 11, 2023
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Under the agreement, shareholders of the Vancouver-based security software company will receive US$11.50 per share in cash
Absolute Software (ABST, ABST.TO) has entered into an Arrangement Agreement with funds affiliated with Crosspoint Capital Partners, L.P. whereby Crosspoint has agreed to acquire all of the issued and outstanding common shares of Absolute Software.
Absolute Software Co. (TSE:ABST – Get Rating)’s share price traded up 33.7% on Thursday . The stock traded as high as C$15.33 and last traded at C$15.33. 327,785 shares were traded during trading, an increase of 160% from the average session volume of 125,975 shares. The stock had previously closed at C$11.47. Absolute Software Stock […]