DoJ Nearing A Decision On Whether To Challenge Private Equity Firm Thoma Bravo's Acquisition Of Forgerock
Portfolio Pulse from Charles Gross
The Department of Justice (DoJ) is close to making a decision on whether to challenge the acquisition of ForgeRock (FORG) by private equity firm Thoma Bravo, according to Reuters.
July 10, 2023 | 9:16 pm
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NEUTRAL IMPACT
The DoJ's decision could impact the acquisition of ForgeRock by Thoma Bravo, potentially affecting FORG's stock price.
The DoJ's decision on whether to challenge the acquisition could introduce uncertainty and potentially affect the deal's completion. This could lead to volatility in FORG's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100