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KNBE - KnowBe4 jumps 12% after report Vista Equity nears deal for about $4.5B
KnowBe4 Inc.
KnowBe4 Inc. ( NASDAQ: KNBE ) soared 12% in premarket trading on a report that private equity firm Vista Equity is nearing a deal to purchase the cybersecurity firm for about $4.5 billion.
The transaction, expected to be announced on Wednesday, is likely to value KnowBe4 shares at about $25, according to a WSJ report.