PowerSchool inches up on $5.6 bln acquisition deal from Bain Capital

PowerSchool Holdings

07/06/2024 16:40

** Shares of education technology co PowerSchool Holdings
 PWSC.N  rise 0.2% to $22.42
    ** PWSC says it will be acquired by buyout firm Bain Capital
in deal valuing co at $5.6 bln
    ** Bain will pay $22.80 per share in cash to PWSC
shareholders
    ** Including session's move, stock is down ~5% YTD

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))