Monotype Imaging (TYPE) Tops Q2 EPS by 11c, Revenues Beat

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Monotype Imaging (TYPE) to Resume Trading at 7:30 am

July 26, 2019 7:17 AM EDT

Monotype Imaging (NASDAQ: TYPE )to Resume Trading at 7:30 am

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Monotype Imaging (TYPE) to Be Acquired by HGGC for $19.85/Share in $825M Deal

July 26, 2019 7:00 AM EDT

Monotype Imaging Holdings Inc. (Nasdaq: TYPE) today announced that it has entered into a definitive agreement under which HGGC, a leading middle market private equity firm, will acquire all outstanding shares of Monotype common stock for $19.85 per share in cash, representing an aggregate equity value of approximately $825 million.

The $19.85 per share cash consideration represents a premium of approximately 23% to Monotypes closing share price on July 25, 2019, the last full trading day before todays announcement. The transaction, which was unanimously approved by Monotypes Board of Directors, is expected to close in the... More

Monotype Imaging (TYPE) Halted, News Pending

July 26, 2019 6:56 AM EDT

Monotype Imaging (NASDAQ: TYPE) Halted, News Pending

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