Group 1 - OneStream, Inc. is set to be acquired by Hg for $6.4 billion, leading to a significant increase in its stock price by 28.38% to $23.61 [1][2] - The acquisition agreement stipulates a purchase price of $24 per share, representing a 31% premium over OneStream's closing price prior to the announcement [2] - The transaction will be fully paid in cash and is expected to close in the first half of the year, pending regulatory approvals [3] Group 2 - OneStream's CEO, Tom Shea, emphasized the company's strong position in the AI sector and the benefits of the partnership with Hg, General Atlantic, and Tidemark to enhance its AI capabilities [4] - The acquisition is viewed as delivering immediate value to shareholders and reflects confidence in OneStream's strategy and workforce [5]
OneStream (OS) Skyrockets 28% on $6.4-Billion Merger With Hg