$37.97 0.0 0.0%
Last Trade - 09/01/19
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £163.0m |
Position in Universe | th / 6851 |
Nov 11 (Reuters) - Apptio Inc APTI.O : * APPTIO ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY VISTA EQUITY PARTNERS FOR $1.94 BILLION * APPTIO SHAREHOLDERS WILL RECEIVE $38.00 IN CASH PER SHARE * MERGER AGREEMENT INCLUDES A 30 DAY "GO-SHOP" PERIOD * APPTIO'S HEADQUARTERS WILL REMAIN IN BELLEVUE, WITH REGIONAL OFFICES ACROSS US, EMEA AND APAC * TRANSACTION IS EXPECTED TO CLOSE IN Q1 2019 AND IS NOT SUBJECT TO A FINANCING CONDITION * QATALYST PARTNERS SERVING AS EXCLUSIVE FINANCIAL ADVISOR TO CO AND WILSON SONSINI GOODRICH & ROSATI IS SERVING AS LEGAL ADVISOR TO CO * VISTA'S LEGAL ADVISOR IS KIRKLAND & ELLIS LLP Source text for Eikon: ID:nPn1Sw72Xa Further company coverage: APTI.O ((Reuters.Briefs@thomsonreuters.com;))