Brief: Qualtrics- Got Proposal From Silver Lake, Canada Pension Plan Investment Board To Buy Outstanding Common Stock Of Co Not Currently Owned By Silver Lake

Qualtrics International

06/03/2023 13:22

March 6 (Reuters) - Qualtrics International Inc  XM.O :
    * QUALTRICS- GOT PROPOSAL FROM SILVER LAKE, CANADA PENSION
PLAN
INVESTMENT BOARD TO BUY OUTSTANDING COMMON STOCK OF CO NOT
CURRENTLY OWNED BY SILVER LAKE
    * QUALTRICS INTERNATIONAL INC - PROPOSED DEAL FOR $18.15 PER
SHARE
IN CASH
    * QUALTRICS INTERNATIONAL INC - ON MARCH 5, COMPANY AND
SILVER
LAKE ENTERED INTO AN EXCLUSIVITY AGREEMENT
    * QUALTRICS INTERNATIONAL INC- OFFER PRICE OF PROPOSED DEAL
VALUES
CO AT ABOUT $12.4 BILLION IN EQUITY VALUE BASED ON THE COMPANY’S
CURRENT CAPITALIZATION
    * QUALTRICS INTERNATIONAL INC- BOARD WILL CONTINUE TO
CAREFULLY
REVIEW AND CONSIDER THE SILVER LAKE PROPOSAL
    * QUALTRICS - CO, SAPHAVE AGREED TO NEGOTIATE EXCLUSIVELY
WITH
SILVER LAKE RELATED TO A POSSIBLE ACQUISITION OF CO UNTIL 5:59
P.M. ET ON MAR 15


Further company coverage:  XM.O 

 ((Reuters.Briefs@thomsonreuters.com;))