PowerSchool Holdings jumps after media reports Bain Capital pursuing takeover

PowerSchool Holdings

08/05/2024 14:26

** Shares of K-12 education software provider PowerSchool
Holdings  PWSC.N  up 24% at $20.70 premarket
    ** Investment firm Bain Capital is looking to take PWSC
private, reports the Wall Street Journal citing people familiar
with the matter 
    ** Deal could value PWSC at around $6 bln, including debt,
the report adds
    ** As of last close, PWSC shares down ~29% YTD

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))