PowerSchool To Be Acquired By Bain Capital: Transaction Value Of Deal Is $5.6B; Stockholders Will Receive $22.80 Per Share In Cash
Portfolio Pulse from Benzinga Newsdesk
PowerSchool Holdings, Inc. (NYSE:PWSC) will be acquired by Bain Capital for $5.6 billion. Stockholders will receive $22.80 per share in cash, a 37% premium over the unaffected share price of $16.64.
June 07, 2024 | 11:49 am
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PowerSchool Holdings, Inc. (NYSE:PWSC) will be acquired by Bain Capital for $5.6 billion. Stockholders will receive $22.80 per share in cash, a 37% premium over the unaffected share price of $16.64.
The acquisition by Bain Capital at a 37% premium is likely to drive PWSC's stock price up in the short term as investors react positively to the premium offer.
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