Brief: Everbridge Enters Into Definitive Agreement To Be Acquired By Thoma Bravo For $1.5 Billion

Everbridge

05/02/2024 12:55

Feb 5 (Reuters) - Everbridge Inc  EVBG.O :
    * EVERBRIDGE ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED
BY
THOMA BRAVO FOR $1.5 BILLION
    * EVERBRIDGE INC - EVERBRIDGE SHAREHOLDERS TO RECEIVE $28.60
PER
SHARE IN CASH
    * EVERBRIDGE INC - EVERBRIDGE SHAREHOLDERS TO RECEIVE $28.60
PER
SHARE IN CASH
    * EVERBRIDGE ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED
BY
THOMA BRAVO FOR $1.5 BILLION
    * EVERBRIDGE INC - UPON COMPLETION OF TRANSACTION,
EVERBRIDGE WILL
BECOME A PRIVATELY HELD COMPANY
    * EVERBRIDGE INC - TRANSACTION IS NOT SUBJECT TO A FINANCING
CONDITION
    * EVERBRIDGE INC - AGREEMENT INCLUDES A 25-DAY "GO-SHOP"
PERIOD
EXPIRING ON FEBRUARY 29, 2024
    * EVERBRIDGE INC - BOARD HAS RIGHT TO TERMINATE MERGER
AGREEMENT
TO ACCEPT A SUPERIOR PROPOSAL SUBJECT TO TERMS AND CONDITIONS OF
MERGER AGREEMENT
    * EVERBRIDGE INC: COMPANY WILL CONTINUE TO OPERATE UNDER
EVERBRIDGE NAME AND BRAND

Source text for Eikon:  ID:nBw5VyDcta 
Further company coverage:  EVBG.O