'Consortium Of Insight Partners And Clearlake Capital Group In Advanced Talks To Acquire Alteryx Inc For Around $50 Per Share - Reuters News
Portfolio Pulse from Benzinga Newsdesk
Insight Partners and Clearlake Capital Group are in advanced discussions to purchase Alteryx Inc at approximately $50 per share, according to Reuters News.

December 14, 2023 | 5:53 pm
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POSITIVE IMPACT
Alteryx Inc is in advanced talks to be acquired by Insight Partners and Clearlake Capital Group for around $50 per share.
The news of a potential acquisition at a price of around $50 per share is likely to have a positive impact on Alteryx Inc's stock price in the short term. Acquisitions typically result in a premium on the current trading price, which can lead to increased investor interest and a rise in stock price as the market reacts to the possibility of a deal. The relevance is high as the company is the direct subject of the acquisition talks, and the importance is significant due to the potential change in ownership and strategic direction. The confidence level is not at the maximum because until the deal is finalized, there can be uncertainties that may affect the outcome.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100