USER - UserTesting said near agreement to be sold to Thoma Bravo Sunstone for $1.3B
- UserTesting ( NYSE: USER ) is said close to an agreement to be sold to private equity firms Thoma Bravo and Sunstone Partners for about $1.3 billion.
- The PE firms are expected to pay $7.50/share for the digital customer insight company, according to traders, who cited a Bloomberg report. That would represent a 94% premium to UserTesting's ( USER ) closing price on Wednesday. The parties may come to an agreement as early as Thursday.
- UserTesting ( USER ) shares were halted for news pending.
- Developing story ...
For further details see:
UserTesting said near agreement to be sold to Thoma Bravo, Sunstone for $1.3B