Craig-Hallum Downgrades Lionbridge Technologies (LIOX) to Hold
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Lionbridge Technologies (LIOX) Acquired by H.I.G. Capital for $5.75/Share
December 12, 2016 9:05 AM ESTLionbridge Technologies, Inc. (Nasdaq: LIOX) signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm. Under the terms of the agreement, Lionbridge stockholders will receive $5.75 per share in cash for each share of Lionbridge common stock, representing a 17% premium over Lionbridge's 60 day-weighted average price per share as of December 09, 2016.
H.I.G. is a leading global private equity investment firm with $21 billion of equity capital under management. The firm invests in companies throughout the U.S.... More
