Model N to be Acquired by Vista Equity Partners For $1.25B
Portfolio Pulse from Benzinga Newsdesk
Model N (NYSE:MODN), a leader in revenue optimization and compliance for various industries, is set to be acquired by Vista Equity Partners for $1.25 billion. The acquisition price of $30.00 per share represents a significant premium over Model N's recent average share prices.

April 08, 2024 | 12:02 pm
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Model N is being acquired by Vista Equity Partners for approximately $1.25 billion, at $30.00 per share, marking a significant premium over its recent trading prices.
The acquisition of Model N by Vista Equity Partners at a premium price suggests a positive outlook on Model N's value from Vista's perspective. This premium price is likely to be viewed positively by investors and could lead to a short-term increase in MODN's stock price as the market reacts to the news of the acquisition. The confidence level is not at 100 due to the general unpredictability of market reactions to acquisitions, but the significant premium and the strategic nature of the acquisition support a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100