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PROS Holdings, Inc. Enters Into Definitive Agreement to Be Acquired by Thoma Bravo

1. PROS Holdings will be acquired by Thoma Bravo for $1.4 billion. 2. Shareholders will receive $23.25 per share in cash.

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+40.1%Current Return
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+0.17%S&P 500
$16.4109/22 08:23 AM EDTEvent Start
$22.989909/22 11:16 AM EDTLatest Updated
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FAQ

Why Very Bullish?

The acquisition offers a substantial premium to PRO's existing share price, which is likely to boost market confidence. Historical examples include similar significant acquisition premiums enhancing stock values in tech sector acquisitions.

How important is it?

Given the all-cash acquisition and the premium offered, this is a highly impactful event for PRO, directly affecting shareholder value.

Why Short Term?

The announcement of the acquisition will likely produce immediate positive market reactions, though long-term impacts depend on post-acquisition performance integration.

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THOMAAAPLMSFT
HOUSTON & SAN FRANCISCO--(BUSINESS WIRE)-- #artificialintelligence--PROS Holdings, Inc. (NYSE: PRO) (“PROS”), a leading provider of AI-powered SaaS pricing and selling solutions, and Thoma Bravo, a leading software investment firm, today announced that they have entered into a definitive agreement under which PROS will be acquired by Thoma Bravo in an all-cash transaction valuing PROS at approximately $1.4 billion. Under the terms of the agreement, PROS shareholders will receive $23.25 per share in cash, representing a.

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