Workiva Acquires Sustain.Life For $100M; Sustain.Life Becomes Wholly Owned Subsidiary; Equity Awards Adjusted And Escrow Agreement Established
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Workiva has acquired Sustain.Life for $100 million, making it a wholly owned subsidiary. Equity awards have been adjusted and an escrow agreement has been established.
June 18, 2024 | 12:25 pm
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POSITIVE IMPACT
Workiva has acquired Sustain.Life for $100 million, making it a wholly owned subsidiary. This acquisition could enhance Workiva's product offerings and market position.
The acquisition of Sustain.Life by Workiva for $100 million is a significant move that could enhance Workiva's product offerings and market position. The adjustment of equity awards and establishment of an escrow agreement indicate a well-structured deal, likely to be viewed positively by investors.
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IMPORTANCE 80
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