Globalscape, Inc. (GSB) to be Acquired by HelpSystems for $9.50/sh

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GlobalSCAPE and HelpSystems Sign Merger Agreement

July 20, 2020 9:10 AM EDT

SAN ANTONIO, July 20, 2020 /PRNewswire/ -- GlobalSCAPE, Inc. (NYSE American: GSB), and HelpSystems, LLC today jointly announced they have signed a definitive merger agreement under which HelpSystems will acquire all outstanding shares of GlobalSCAPE for $9.50 per share in cash. The combined company would focus on providing the most comprehensive collection of trusted security and automation solutions to customers worldwide.

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