Ahead of an upcoming vote on Founder Germain Lamonde’s proposal to go-private, EXFO (EXFO) reported fiscal Q3 ’21 results reflecting double-digit top line growth and robust bookings growth.
Read MoreStamps.com (STMP) has agreed to be acquired by private equity firm Thoma Bravo for $330.00 per share in cash, a 67% premium to the last closing price prior to the announcement of the transaction.
Read MoreOur week began with news of QAD’s (QADA) pending sale to private equity firm Thoma Bravo for $2 billion. Full details are in our report, “Thoma Bravo to Acquire QAD for $87.50 Per Share in Cash,” but the highlights include a purchase price representing a 20% premium to the last closing price of the Class A shares and a valuation of 5.9x revenue on a TTM basis.
Read MoreQAD Inc. (QADA) has agreed to be acquired by private equity firm Thoma Bravo for $87.50 per share of Class A or Class B common stock in cash. The purchase price represents a 20% premium to the last closing price of the Class A shares prior to the announcement of the transaction and equates to an equity value of approximately $2 billion.
Read MoreWe have several new data points to discuss that are relevant to Stamps.com (STMP). First, monthly data from the United States Postal Service exhibited the first meaningful decline in PC Postage revenue since the start of the pandemic, falling 21% Y/Y in May.
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