- The shareholders of SailPoint Technologies Holdings ( NYSE: SAIL ) have approved a pending acquisition by software investment firm Thoma Bravo.
- As part of the merger agreement, SailPoint shareholders will receive $65.25 in cash per share.
- The transaction is expected to close in H2, subject to customary closing conditions.
- After the completion of the acquisition, SailPoint's shares will cease to trade on NYSE.
- SAIL shares were trading +0.21% post-market.
- Source: Press Release
For further details see:
SailPoint Technologies shareholders approve acquisition by Thoma Bravo