SoundThinking agrees take-private deal with $8 cash and contingent upside
SoundThinking ($SSTI) signed a definitive agreement to be acquired by Transom Capital through a tender offer paying $8.00 per share in cash plus a non-transferable contingent value right. The right could add up to $3.00 per share if specified revenue milestones are achieved. The upfront consideration implies an enterprise value of approximately $114 million; the maximum contingent payment would increase that figure to about $159 million. The $8.00 cash component represents a 46% premium to the p
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