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?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

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

More #news: