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home / news releases / ACIW - Why did ACI Worldwide stock jump up today? Clearlake Silver Lake reportedly interested


ACIW - Why did ACI Worldwide stock jump up today? Clearlake Silver Lake reportedly interested

  • ACI Worldwide ( NASDAQ: ACIW ) rose 7.9% on Thursday amid a report that private equity firms Clearlake Capital and Silver Lake have expressed takeover interest.
  • Negotiations are still at early stage and it's possible no agreement will come to fruition, according to a Dealreporter item after hours on Wednesday, which cited sources familiar. There's also potential that turmoil in the credit markets could dissuade a party from doing a leveraged buyout.
  • A potential deal would likely valued ACI Worldwide ( ACIW ) at more than $4 billion, according to the report. ACIW has a market cap of $3 billion.
  • The update comes after Bloomberg reported earlier this month that the payments-software firm was in takeover talks with private equity firms.
  • The reports come after speculation in early November that the digital payments company could see pressure for a sale with a lack of a permanent chief executive officer as the company named an interim CEO at the time.

For further details see:

Why did ACI Worldwide stock jump up today? Clearlake, Silver Lake reportedly interested
Stock Information

Company Name: ACI Worldwide Inc.
Stock Symbol: ACIW
Market: NASDAQ
Website: aciworldwide.com

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