BigBear.ai To Acquire Pangiam For Approximately $70M In All-Stock Transaction.
Portfolio Pulse from Benzinga Newsdesk
BigBear.ai is set to acquire Pangiam in an all-stock transaction valued at approximately $70 million.

November 06, 2023 | 11:35 am
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POSITIVE IMPACT
BigBear.ai's acquisition of Pangiam could potentially diversify its offerings and increase its market share.
The acquisition of Pangiam by BigBear.ai could potentially diversify its offerings and increase its market share, which could lead to a positive impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100