Baird Downgrades Model N, Inc. (MODN) to Neutral Post Acquisition

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Needham Downgrades Model N, Inc. (MODN) to Hold

April 9, 2024 5:16 AM EDT

Needham analyst Ryan MacDonald downgraded Model N, Inc. (NYSE: MODN) from Buy to Hold.

The analyst comments "Yesterday morning, Vista Equity Partners announced its intent to acquire Model N (MODN) for $1.25B or approximately $30 per share. This offer is the... More

Model N signs $1.25 billion go-private deal with Vista Equity

April 8, 2024 9:03 AM EDT

(Reuters) - Healthcare IT firm Model N said on Monday it has entered into an agreement to be taken private by investment firm Vista Equity Partners for about $1.25 billion, sending its shares up 9.3% at $29.60 in premarket trading.

Vista will acquire all the outstanding shares of Model N for $30... More

Model N (MODN) to be Acquired by Vista Equity Partners For $1.25 Billion

April 8, 2024 8:01 AM EDT

Model N (NYSE: MODN), a leader in revenue optimization and compliance for pharmaceutical, medtech, and high-tech innovators, today announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners... More