Francisco Partners Announces Results of Tender Offer

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Go back to Francisco Partners Announces Results of Tender Offer

Francisco Partners Updates on Procera Networks (PKT) Tender

June 5, 2015 6:24 AM EDT

Francisco Partners Management, L.P. (Francisco Partners) announced the results of its tender offer to purchase all of the outstanding shares of common stock of Procera Networks, Inc. (Procera) (Nasdaq: PKT), the global Subscriber Experience company, for $11.50 per share, net to the seller in cash, without interest and subject to deduction for any withholding taxes. The tender offer is being effected by KDR Acquisition, Inc. (Purchaser), an affiliate of... More