Why Everbridge Stock Popped Today
Everbridge(US:EVBG) The Motley Fool·2024-02-05 22:51Shares of Everbridge (EVBG 18.41%) soared by 18.4% on Monday after the critical event management (CEM) software company agreed to be acquired by private equity firm Thoma Bravo.Everbridge is going private in a $1.5 billion dealIn a press release Monday morning, Everbridge announced it has entered into a definitive agreement to be acquired by Thoma Bravo for $28.60 per share in cash. That's a 32% premium over its 90-day volume-weighted average share price, and values Everbridge at roughly $1.5 billion.Everbr ...