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Thoma Bravo Changes Offer For Software Firm Anaplan To $10.4B

By  |  June 8, 2022

Anaplan said on Monday private-equity firm Thoma Bravo had trimmed its takeover offer to $10.4 billion, after the software maker agreed to resolve a disagreement regarding compliance with certain merger terms.

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    “The Anaplan board agreed, after extensive consideration, to revise the merger agreement to avoid the risk of lengthy litigation over the disagreement,” the company said in a statement.

    Anaplan shareholders will now receive $63.75 per share, compared with the previous offer of $66. The offer price is still at a premium of 26% to Anaplan’s closing price before the deal was announced in March.

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