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home / news releases / DCT - Duck Creek Technologies said to have competitive sales process - report


DCT - Duck Creek Technologies said to have competitive sales process - report

  • Duck Creek Technologies ( NASDAQ: DCT ) planned sale to private equity firm Vista Equity Partners was part of a competitive sales process, according to CNBC.
  • Duck Creek ( DCT ) shares surged 47% after the company's $19/share sale to Vista Equity was announced earlier Monday. The shares are currently at $19.11, above the deal price, sometimes an indication that investors believe a higher bid could happen.
  • RBC analyst Rishi Jaluria had said in October 2022 that DCT, along with New Relic, was viewed as a possible takeout candidate in the software space.

For further details see:

Duck Creek Technologies said to have competitive sales process - report
Stock Information

Company Name: Duck Creek Technologies Inc.
Stock Symbol: DCT
Market: NASDAQ
Website: duckcreek.com

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