STMP - The Buzz Show: Stamps.com (NASDAQ: STMP) Announces Thoma Bravo Buyout in USD 6.6 Billion Deal

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Stamps.com (NASDAQ: STMP) skyrocketed over 63% in premarket trading after the company announced that it has entered into a definitive agreement to be acquired by Thoma Bravo.

The all-cash transaction values Stamps.com at approximately 6.6 billion dollars, and Stamps.com stockholders will receive 330 dollars per share in cash, representing a premium of 67% over the Company’s closing share price on July 8th, with stamps.com set to become a private company upon completion of the transaction.

Stamps.com is the leading provider of Internet-based postage solutions. Stamps.com was the first company to be approved by the U.S. Postal Service ^® to offer a software-only postage service that lets customers buy and print postage online. The Company targets its services to small businesses, home offices and online retailers, and currently has PC Postage partnerships with Avery, Microsoft, HP, the U.S. Postal Service and others.

For more information, please visit: Stamps.com

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