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SUMO - Sumo Logic jumps on report of interest from private equity firms
Sumo Logic Inc.
Sumo Logic ( NASDAQ: SUMO ) soared 25% on a report that several private equity firms have approached the data analysts software firm about a potential acquisition.
Thoma Bravo, Vista Equity and Francisco Partners are said to have approached the company to express their interest in a possible purchase, according to a The Information report, which cited people.