Medallia Shareholders Approve Acquisition by Thoma Bravo
Medallia, Inc. (MDLA)
Last medallia, inc. earnings: 3/12 04:06 pm
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Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Medallia, Inc. (NYSE: MDLA) (“Medallia”), a global leader in customer and employee experience, today announced that its shareholders voted to approve the acquisition of Medallia by Thoma Bravo, a leading software investment firm.“Shareholder approval is an important milestone in our transaction with Thoma Bravo, which we believe will position Medallia to better deliver innovation to our customers,” said Leslie Stretch, President and CEO of Medallia. “On behalf of the Medallia Board of Directors, I thank our shareholders for their support of this transaction. We are confident that, as a private company, Medallia will be strongly positioned to build on its success and begin its next phase of differentiated growth.”The final voting results will be filed in a Form 8-K with the U.S. Securities and Exchange Commission.As previously announced, under the terms of the merger agreement, Thoma Bravo will acquire Medallia in an all-cash transaction valued at $6
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