PowerSchool shares are trading higher following a report suggesting the company has drawn takeover interest from Warburg Pincus and is also in talks with Bain Capital about a buyout.
Portfolio Pulse from Benzinga Newsdesk
PowerSchool shares are trading higher following a report suggesting the company has drawn takeover interest from Warburg Pincus and is also in talks with Bain Capital about a buyout.
May 20, 2024 | 5:18 pm
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PowerSchool shares are trading higher due to reports of takeover interest from Warburg Pincus and buyout talks with Bain Capital.
The news of potential takeover interest and buyout talks is likely to drive PowerSchool's stock price higher in the short term as investors anticipate a possible acquisition premium.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100