16.00 +0.01 (0.06%)
After hours: 4:29PM EDT
|Bid||15.98 x 4000|
|Ask||16.01 x 1100|
|Day's Range||15.98 - 16.05|
|52 Week Range||12.04 - 17.81|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||37.19|
|Earnings Date||Sep 4, 2019 - Sep 9, 2019|
|Forward Dividend & Yield||0.16 (1.00%)|
|1y Target Est||17.25|
NEW YORK, Aug. 21, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
WILMINGTON, Del., Aug. 19, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Presidio, Inc. (NASDAQ GS: PSDO) regarding possible breaches of fiduciary.
NEW YORK , Aug. 17, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York ...
NEW YORK, NY / ACCESSWIRE / August 16, 2019 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Wesco Aircraft Holdings, Inc. (NYSE:WAIR) The investigation ...
NEW YORK , Aug. 15, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Presidio, Inc. ("Presidio" ...
NEW YORK, Aug. 15, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
NEW YORK, Aug. 14, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Presidio, Inc. (PSDO) on behalf of Presidio shareholders concerning the company's proposed acquisition by funds advised by BC Partners. Pursuant to the proposed transaction, announced on August 14, 2019 and valued at $2.1 billion, Presidio shareholders will receive $16.00 in cash for each share of Presidio common stock owned. The investigation focuses on whether Presidio and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company's shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
NEW YORK , Aug. 14, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Presidio, Inc. (NASDAQ: PSDO) and its board of directors for breach of fiduciary duty concerning the proposed ...
MILWAUKEE , Aug. 14, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating Presidio (Nasdaq: PSDO) for possible breaches of fiduciary duty and other violations of the law in connection with the sale ...
WILMINGTON, DE / ACCESSWIRE / August 14, 2019 / Rigrodsky & Long, P.A.: Do you own shares of Presidio, Inc. (NASDAQ GS: PSDO )? Did you purchase any of your shares prior to August 14, 2019? Do you think ...
NEW YORK, Aug. 14, 2019 -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Presidio, Inc. (NASDAQ: PSDO) to funds advised by BC.
SAN DIEGO, Aug. 14, 2019 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Presidio, Inc. (PSDO) ("Presidio") breached their fiduciary duties in connection with the proposed sale of the Company to BC Partners. On August 14, 2019, Presidio announced that it had signed a definitive merger agreement with BC Partners. Under the terms of the agreement, Presidio stockholders will receive $16.00 in cash for each share of Presidio common stock they own.
IT services company Presidio Inc said on Wednesday it would be taken private by BC Partners in a $2 billion all-cash deal, as the European buyout fund looks to expand its footprint in the cybersecurity space. Presidio stockholders will receive $16 in cash for each share they own, representing a premium of 21.3% to Presidio's closing price on Tuesday. The deal, which is expected to close in the fourth quarter of 2019, includes a 40-day "go-shop" period, which allows Presidio's board and advisers to consider alternative offers, the company said.
Presidio Inc. said it's going to be bought by BC Partners for $2.1 billion including assumed debt, or $16 per share in cash. The IT services firm said that's a premium of 21% over its closing price on Tuesday and that its board has unanimously approved the agreement. Apollo Global Management, which owns approximately 42% of the outstanding shares of Presidio common stock, has entered into a voting agreement with BC Partners.
Presidio, Inc. (PSDO) (together with its subsidiaries, “Presidio” or the “Company”), a leading North American IT solutions provider delivering Digital Infrastructure, Cloud and Security solutions to create agile, secure infrastructure platforms for commercial and public sector customers, today announced it has entered into a definitive agreement to be acquired by funds advised by BC Partners, a leading international investment firm, in an all-cash transaction valued at approximately $2.1 billion, including Presidio’s net debt. Under the terms of the agreement, Presidio stockholders will receive $16.00 in cash for each share of Presidio common stock they own. The purchase price represents a premium of 21.3% over Presidio’s closing stock price of $13.19 on August 13, 2019, and a premium of 18.3% over the Company’s 60-day volume-weighted average share price leading up to this announcement.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
Chairman of the Board & CEO of Presidio Inc (NASDAQ:PSDO) Robert Cagnazzi bought 10,000 shares of PSDO on 06/07/2019 at an average price of $12.82 a share.