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Announces First Quarter Fiscal Year 2021 Financial Results
SUNNYVALE, Calif. and SAN FRANCISCO, April 26, 2021 (GLOBE NEWSWIRE) Proofpoint, Inc. (NASDAQ:PFPT) (the Company ), a leading cybersecurity and compliance company, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values Proofpoint at approximately $12.3 billion.
Under the terms of the agreement, Proofpoint shareholders will receive $176.00 per share in cash, representing a premium of approximately 34 percent over Proofpoint s closing share price on April 23, 2021, the last full trading day prior to the transaction announcement, and a premium of approximately 36 percent over Proofpoint s three-month volume-weighted average closing share price through April 23, 2021. Upon completion of the transaction, Proofpoint will bec ....

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