DocuSign Surges on Report That Company Is Exploring a Sale
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DocuSign Inc., whose software handles electronic signatures, rallied the most in a year after the Wall Street Journal reported that the company was considering a sale.
The company is working with advisers to explore a leveraged buyout, but the talks are in early stages, the newspaper reported, citing unidentified people familiar with the situation. DocuSign’s market value was $12.8 billion as of Friday.