XM - Qualtrics ticks lower as Nasdaq de-listing notice for Silver Lake buyout changed

2023-05-26 12:25:21 ET

• Qualtrics ( NASDAQ: XM ) ticked lower, down 0.14% , after a Nasdaq delisting notice for its planned sale to Silver Lake was changed.
• The Nasdaq delisting was changed from June 6 as the last day of trading to TBA, according to traders.
• Qualtrics ( XM ) announced late on Thursday that it had obtained the final clearance under applicable foreign antitrust laws required for the deal to close, according to an 8-K filing. The parties expect the deal to close in June.
• Qualtrics ( XM ) agreed to sell itself to private equity firm Silver Lake and the Canada Pension Investment Board in a $12.5 billion all-cash deal for $18.15 a share in March.

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