Four years and interest from four private equity firms later, Sandvine is set to be sold

Early next month, the shareholders of Sandvine Corp. will consider a $4.40-a-share offer from PNI Canada Acquireco Corp., an affiliate of U.S. based Procera Networks, Inc. and Francisco Partners.

The purchasers emerged after Sandvine agreed to an earlier deal from U.S.-based Vector Capital, who consented to purchase the company for $3.80 a share. During a six-week “shop period,” PNI Canada and Vector traded competing offers with the process ending when Vector chose not to match PNI’s...

What feeling does this article give you?

#hashtags to follow:

Sandvine Corp [+]    PNI Canada Acquireco Corp [+]    Procera Networks [+]    Inc [+]    Francisco Partners [+]    Sandvine [+]    Vector Capital [+]    PNI [+]    Canada and Vector [+]    Vector [+]   

More #news: