Stock Market News

Thoma Bravo cuts Anaplan takeover offer to $9.60 billion

06/06/2022

Less than a minute

2022.06.06 15:43

Thoma Bravo cuts Anaplan takeover offer to $9.60 billion
FILE PHOTO: A banner for Anaplan, Inc. hangs on the facade of the New York Stock Exchange (NYSE) to celebrate the company’s IPO in New York, U.S., October 12, 2018. REUTERS/Brendan McDermid

(Reuters) – Anaplan (NYSE:PLAN) Inc said on Monday private-equity firm Thoma Bravo had lowered its takeover offer for the software maker to $9.60 billion from $10.7 billion.

Anaplan’s shares, which have risen nearly 44% this year, were down about 4% in premarket trading.

The company’s shareholders will now receive $63.75 per share, compared with the previous offer of $66.

06/06/2022

Less than a minute

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