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Access here alternative investment news about Mindbody To Be Acquired By Vista Equity For 68% Premium, In A Deal Valued At $1.9B
Private Equity

Mindbody To Be Acquired By Vista Equity For 68% Premium, In A Deal Valued At $1.9B

by marketwatch.com posted 3weeks ago 28 views
Mindbody Inc. announced Monday a deal to be acquired by San Francisco-based private equity firm Vista Equity Partners in a deal valued at $1.9 billion. Shares of the technology platform for the fitness, beauty and wellness industries were inactive prior to a trading halt for news, which is set to be lifted at 8:30 a.m. Under terms of the deal, Vista will pay $36.50 in cash for each Mindbody share outstanding, representing a 68% premium to Friday's closing price of $21.72.