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QAD to go private at $87.50 per share in $2B cash deal with Thoma Bravo

Jun. 28, 2021 8:23 AM ETQAD Inc. (QADA) Stock, QADB StockQADA, QADBBy: Niloofer Shaikh, SA News Editor1 Comment
  • QAD (NASDAQ:QADA) to be acquired by Thoma Bravo in an all-cash transaction with an equity value of ~$2B.
  • As per the agreement, QAD shareholders will receive $87.50 per share of Class A Common Stock or Class B Common Stock in cash.

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