Brief: New Relic To Be Acquired By Francisco Partners And Tpg For $6.5 Billion

New Relic

31/07/2023 14:03

New Relic Inc  NEWR.N :
    * NEW RELIC TO BE ACQUIRED BY FRANCISCO PARTNERS AND TPG FOR
$6.5
BILLION
    * NEW RELIC INC - NEW RELIC SHAREHOLDERS TO RECEIVE $87.00
PER
SHARE IN CASH
    * NEW RELIC INC - PROPOSED DEAL FOR FOR $87.00 PER SHARE IN
CASH
    * NEW RELIC INC - TRANSACTION IS NOT SUBJECT TO A FINANCING
CONDITION
    * NEW RELIC INC - AS PART OF TRANSACTION, LEW  CIRNE WILL BE
ROLLING OVER ABOUT 40% OF HIS BENEFICIAL SHAREHOLDINGS

Source text for Eikon:  ID:nBw6XRGCWa 
Further company coverage:  NEWR.N