|Bid||610.00 x 1330000|
|Ask||740.00 x 40300|
|Day's Range||679.50 - 692.00|
|52 Week Range||594.99 - 807.49|
|PE Ratio (TTM)||30.18|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||700.50|
Micro Focus shares dropped to a nine-month low after the UK's second-largest technology business released disappointing full-year results, which raised further questions about its growth prospects. The ...
Chicago-based GTCR acquired the company for $260 million and has committed up to $350 million in equity capital to the new stand-alone company, according to a news release by the firm.
CHICAGO, June 2, 2017 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has entered into a definitive agreement to acquire Sage Payment Solutions, Inc. ("SPS" or the "Company") for $260 million. SPS, headquartered in Reston, Virginia, is a leading provider of payment processing and merchant acquiring solutions in North America. GTCR is acquiring SPS from The Sage Group plc (SGE.L) ("Sage"), a global provider of integrated accounting, payroll and payment solutions headquartered in the UK.