Wow-To The Moon - Tiger Brokers Online Investing Community

Like
Comment
Favorite

YimBH
2021-07-27

Wow

Thoma Bravo to take software firm Medallia private for $6.4 bln

July 26 (Reuters) - Enterprise software firm Medallia Inc said on Monday private equity firm Thoma B

Thoma Bravo to take software firm Medallia private for $6.4 bln

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":809985589,"tweetId":"809985589","gmtCreate":1627344272641,"gmtModify":1703487900655,"author":{"id":3581725962628045,"authorId":3581725962628045,"authorIdStr":"3581725962628045","name":"YimBH","avatar":"https://static.tigerbbs.com/5da74e146752e693de7614f7dccaa40c","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Wow</p></body></html>","htmlText":"<html><head></head><body><p>Wow</p></body></html>","text":"Wow","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/809985589","repostId":2154968104,"repostType":4,"repost":{"id":"2154968104","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627310192,"share":"https://www.laohu8.com/m/news/2154968104?lang=&edition=full","pubTime":"2021-07-26 22:36","market":"us","language":"en","title":"Thoma Bravo to take software firm Medallia private for $6.4 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2154968104","media":"Reuters","summary":"July 26 (Reuters) - Enterprise software firm Medallia Inc said on Monday private equity firm Thoma B","content":"<p>July 26 (Reuters) - Enterprise software firm Medallia Inc&nbsp;said on Monday private equity firm Thoma Bravo would take the company private for $6.4 billion in cash.</p>\n<p>Medallia shareholders will receive $34 per share in cash, a premium of nearly 20% to the stock's close on June 10, the last trading day before media reports that the San-Francisco based company was mulling a potential sale boosted the stock price.</p>\n<p>Medallia, the customer survey software provider, that went public over just two years ago, competes with the likes of Survey Monkey and Qualtrics.</p>\n<p>Thoma Bravo is <a href=\"https://laohu8.com/S/AONE.U\">one</a> the largest software-focused private equity firms with more than $78 billion in assets under management. Its portfolio companies include information technology services provider <a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a> and cybersecurity firm McAfee Corp.</p>\n<p>Medallia's deal with Thoma Bravo, which is expected to close this year, also includes a 40-day \"go-shop\" period wherein the company can consider alternative deals.</p>\n<p>Blackstone Credit along with some funds managed by Apollo Capital Management and KKR Credit will provide debt financing for the deal.</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> &amp; Co, BoFA Securities and Wells Fargo Securities served as the financial advisers to Medallia.</p>\n<p>Medallia shares were up 1.2% in premarket trading.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thoma Bravo to take software firm Medallia private for $6.4 bln</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThoma Bravo to take software firm Medallia private for $6.4 bln\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-26 22:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 26 (Reuters) - Enterprise software firm Medallia Inc&nbsp;said on Monday private equity firm Thoma Bravo would take the company private for $6.4 billion in cash.</p>\n<p>Medallia shareholders will receive $34 per share in cash, a premium of nearly 20% to the stock's close on June 10, the last trading day before media reports that the San-Francisco based company was mulling a potential sale boosted the stock price.</p>\n<p>Medallia, the customer survey software provider, that went public over just two years ago, competes with the likes of Survey Monkey and Qualtrics.</p>\n<p>Thoma Bravo is <a href=\"https://laohu8.com/S/AONE.U\">one</a> the largest software-focused private equity firms with more than $78 billion in assets under management. Its portfolio companies include information technology services provider <a href=\"https://laohu8.com/S/SWI\">SolarWinds Corp</a> and cybersecurity firm McAfee Corp.</p>\n<p>Medallia's deal with Thoma Bravo, which is expected to close this year, also includes a 40-day \"go-shop\" period wherein the company can consider alternative deals.</p>\n<p>Blackstone Credit along with some funds managed by Apollo Capital Management and KKR Credit will provide debt financing for the deal.</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> &amp; Co, BoFA Securities and Wells Fargo Securities served as the financial advisers to Medallia.</p>\n<p>Medallia shares were up 1.2% in premarket trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MDLA":"Medallia, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154968104","content_text":"July 26 (Reuters) - Enterprise software firm Medallia Inc said on Monday private equity firm Thoma Bravo would take the company private for $6.4 billion in cash.\nMedallia shareholders will receive $34 per share in cash, a premium of nearly 20% to the stock's close on June 10, the last trading day before media reports that the San-Francisco based company was mulling a potential sale boosted the stock price.\nMedallia, the customer survey software provider, that went public over just two years ago, competes with the likes of Survey Monkey and Qualtrics.\nThoma Bravo is one the largest software-focused private equity firms with more than $78 billion in assets under management. Its portfolio companies include information technology services provider SolarWinds Corp and cybersecurity firm McAfee Corp.\nMedallia's deal with Thoma Bravo, which is expected to close this year, also includes a 40-day \"go-shop\" period wherein the company can consider alternative deals.\nBlackstone Credit along with some funds managed by Apollo Capital Management and KKR Credit will provide debt financing for the deal.\nMorgan Stanley & Co, BoFA Securities and Wells Fargo Securities served as the financial advisers to Medallia.\nMedallia shares were up 1.2% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":181,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}