RPX Corporation (RPXC) to be Acquired by HGGC for $10.50/Share
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RPX Corporation to be Acquired by HGGC for $10.50 Per Share
May 1, 2018 8:30 AM EDTSAN FRANCISCO and PALO ALTO, Calif., May 1, 2018 /PRNewswire/ --Â RPX Corporation (NASDAQ: RPXC), the leading provider of patent risk and discovery management solutions, today announced it has entered into a definitive agreement to be acquired by HGGC, a leading middle market private equity firm, in an all-cash transaction valued at approximately $555 million. Under the terms of the agreement, HGGC will initiate a tender offer for RPX shares at a price of $10.50 per share in cash. The agreement was unanimously approved by RPX's Board of Directors following a thorough review of a full... More
