Proofpoint (PFPT) to be Acquired by Thoma Bravo in $12.3 Billion Transaction. $176 Per Share
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Proofpoint Enters Definitive Agreement to be Acquired by Thoma Bravo in $12.3 Billion Transaction
April 26, 2021 8:01 AM EDTProofpoint Shareholders to Receive $176.00 Per Share in Cash
Announces First Quarter Fiscal Year 2021 Financial Results
SUNNYVALE, Calif. and SAN FRANCISCO, April 26, 2021 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT) (the Company), a leading cybersecurity and compliance company, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values Proofpoint at approximately $12.3 billion.
Under the terms of the agreement, Proofpoint shareholders will receive... More