Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Shares of Presidio Surged Today

TheMotleyFool

0 0

Shares of Presidio (NASDAQ: PSDO) soared on Wednesday after the IT solutions provider agreed to be acquired in an all-cash transaction. The stock was up about 21.5% at 12:30 p.m. EDT.

Presidio announced on Wednesday that it had entered a definitive agreement to be acquired by funds advised by investment firm BC Partners. The deal is valued at $2.1 billion, including Presidio's net debt.

Image source: Getty Images.

Source Fool.com

Like: 0

PSDO

Share