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Spruce Point Capital Management is sharing its thoughts on the acquisition of Forescout Technologies (FSCT) by private equity firm Advent. The exclusive slide content will be available on our Twitter account @sprucepointcap We are short the stock of Forescout. Please see our investment disclaimer below.
Executive Summary:
On Feb 6, 2020 Forescout Technologies, Inc. (“FSCT” or “the Company”) announced its purchase by Advent International for $33/share