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Stock impact report

Thoma Bravo completes take-private Ellie Mae buyout [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Thoma Bravo completes take-private Ellie Mae buyout Thoma Bravo Ellie Mae New York Stock Exchange J.P. Morgan Securities LLC Jefferies LLC PRESS RELEASE PLEASANTON, Calif. – April 17, 2019 – Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, announced that it has been acquired Thoma Bravo, LLC, a leading private equity investment firm, in an all-cash transaction that values Ellie Mae at an aggregate equity value of approximately $3.7 billion. The acquisition was announced on February 12, 2019 and closed today. Under the terms of the agreement, Ellie Mae shareholders receive $99.00 in cash per share. The price per share represents a 47 percent premium to the company’s 30-day average closing share price and a 49 percent premium to its 60-day average closing price, each as of February 1, 2019. Ellie Mae’s stockholders voted their shares in favor of the transaction on April 15, 2019. With the completion of the acquisition, Ellie Mae’s common stock ce Show less Read more
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