ForgeRock eyes best day ever on $2.3 bln Thoma Bravo buyout

ForgeRock

11/10/2022 13:55

** Shares of ForgeRock Inc  FORG.N  surge 50.3% to $22.79
premarket; If gains hold, set for best day since the cyber
security firm went public a year ago
    ** Co to be acquired by Thoma Bravo in take-private deal
worth $2.3 bln
    ** All-cash deal value of $23.25/shr represents premium of
53.4% to FORG's closing price on Monday
    ** Stock has fallen 43.2% YTD through last close
 (Reporting by Ruhi Soni in Bengaluru;)
 ((Ruhi.Soni@thomsonreuters.com
Twitter: https://twitter.com/ruhithere))