ESMT - Engagesmart Stock Is Soaring Today - Here's Why | Benzinga
Engagesmart Inc (NYSE: ESMT) shares are trading higher by over 10% after the company inked a deal to be acquired by Vista Equity Partners for around $4.0 billion or $23 per share in an all-cash transaction.
As per the terms, ESMT shareholders will receive $23.00 per share in cash upon completion of the deal.
The purchase price represents a premium of about 23% to the unaffected closing price of ESMT's shares on October 4, 2023, and a premium of about 30% over the volume-weighted average price (VWAP) for the 30 days ...