PowerSchool To Be Acquired By Bain Capital: Company Says Per Share Purchase Price Represents Premium Of 37% Over May 7, 2024, Share Price Of $16.64
Portfolio Pulse from Benzinga Newsdesk
PowerSchool is set to be acquired by Bain Capital at a per-share purchase price that represents a 37% premium over the May 7, 2024 share price of $16.64.
June 07, 2024 | 11:51 am
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PowerSchool is being acquired by Bain Capital at a 37% premium over its May 7, 2024 share price of $16.64.
The acquisition by Bain Capital at a significant premium is likely to boost PowerSchool's stock price in the short term as investors react positively to the premium offer.
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