Everbridge Stock Price Jumps 25% Following Thoma Bravo's Increased Purchase Offer
Friday, 1 March 2024, 12:10
Everbridge Stock Soars After Revised Buyout Bid
Everbridge's share price saw a substantial surge of 25% in premarket trading following news that Thoma Bravo had decided to increase their buyout offer for the company. The revised acquisition price of $35.00 per share effectively values Everbridge at a total of $1.8 billion, underscoring investor optimism and market confidence in the company's potential. This development marks a pivotal moment for Everbridge and its shareholders as they await the finalization of the deal.
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