Stamps.com Inc. (NASDAQ:STMP) received an offer it couldn’t refuse. And it didn’t.
The El Segundo, California-based provider of e-commerce shipping and mailing software said Friday it agreed to be taken private by Thoma Bravo, a San Francisco-based private equity firm specializing in software investments, for $6.6 billion in cash, or $330 a share. The news, which broke early in the day, sent Stamps’ share price soaring as soon as the markets opened. As of 3 p.m. EDT Friday, Stamps’ shares were...
https://www.freightwaves.com/news/stampscom-agrees-to-go-private-in-66-billion-all-cash-deal