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    AVID — Avid Technology News Story

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    Brief: Impactive Capital LP Reports 8.5% Share Stake In Avid Technology Inc As Of August 27

    Picture of Avid Technology logoAvid Technology
    06/09/2019 22:38
    Sept 6 (Reuters) - Avid Technology Inc  AVID.O :
    * IMPACTIVE CAPITAL LP REPORTS 8.5% SHARE STAKE IN AVID
TECHNOLOGY
INC AS OF AUGUST 27 - SEC FILING
    * IMPACTIVE CAPITAL LP SAYS PURCHASED AVID TECHNOLOGY INC
SHARES
BASED ON BELIEF THAT SHARES, WHEN PURCHASED, WERE "UNDERVALUED"
    * IMPACTIVE CAPITAL LP SAYS ON SEPTEMBER 6, ENTERED INTO A
NON-DISCLOSURE AGREEMENT WITH AVID TECHNOLOGY INC

Source text: (https://bit.ly/2m1JAfb)
Further company coverage:  AVID.O 

 ((Reuters.Briefs@thomsonreuters.com;))

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