ShiftPixy Acquires TurboScale In A $150M Deal, Structured With $75M In. Stock And $75M In Debt
Portfolio Pulse from Benzinga Newsdesk
ShiftPixy has acquired TurboScale in a $150 million deal, which is structured with $75 million in stock and $75 million in debt.
October 17, 2024 | 12:06 pm
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ShiftPixy has completed a significant acquisition of TurboScale for $150 million, with the deal structured as $75 million in stock and $75 million in debt. This acquisition could impact ShiftPixy's financials and market position.
The acquisition of TurboScale by ShiftPixy is a major financial move, involving a significant amount of stock and debt. This could enhance ShiftPixy's market position and growth prospects, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100