mdf commerce Agrees To Be Acquired By Funds Managed By Global Investment Firm KKR In An All-Cash Transaction
Portfolio Pulse from Benzinga Newsdesk
mdf commerce has agreed to be acquired by KKR in an all-cash transaction, leading to mdf commerce becoming a privately held company. KKR is investing through its Ascendant Strategy, focusing on middle market businesses in North America.
March 11, 2024 | 11:09 am
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mdf commerce agrees to an all-cash acquisition by KKR, transitioning to a private entity. This move could potentially close the trading opportunities for public investors.
The acquisition of mdf commerce by KKR will result in the company becoming privately held, thus removing its shares from public trading. This transition is likely to negatively impact short-term trading opportunities for investors, as they will no longer be able to buy or sell shares of mdf commerce on the public market.
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