Deals
Qlik Bought by Thoma Bravo in Deal Valued at $3 Billion
- Activist Elliott had pushed for a sale of software company
- Ares Capital leads $1.1 billion in financing for deal
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Qlik Technologies Inc., an enterprise software company, agreed to be bought by private equity firm Thoma Bravo in an all-cash deal valued at about $3 billion.
According to terms of the agreement announced Thursday, Qlik shareholders will get $30.50 in cash for each share of Qlik common stock they hold. The price is a 40 percent premium to the company’s unaffected 10-day average stock price prior to March 3.