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Presidio, Inc. (PSDO) Agrees to Be Acquired by BC Partners for $2.1B

Art Post ·
Presidio, Inc. (NASDAQ: PSDO ) announced it has entered into a definitive agreement to be acquired by funds advised by BC Partners, a leading international investment firm, in an all-cash transaction valued at approximately $2.1 billion, including Presidio’s net debt. Under the terms of the agreement, Presidio stockholders will receive $16.00 in cash for each share of Presidio common stock they own. The purchase price represents a premium of 21.3% over Presidio’s closing stock price of...
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