Endurance International: Some stakeholders not happy with the $3 billion deal
Endurance International is being sold in a $3 billion dollar deal to the Clearlake Capital Group; the company’s public stock price is being used as a gauge for the sale price. In essence, NASDAQ-listed EIGI is being valued with a 64% premium above its closing price on Friday ($5.81 per share) but apparently some stakeholders […]
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