Priority Technology Holdings agrees $8.05-per-share cash acquisition by WD Capital Partners
Priority Technology Holdings agreed to be acquired by WD Capital Partners Parent for $8.05 per share in cash. Merger Sub will merge into Priority, which would become a wholly owned subsidiary controlled by Chairman and CEO Thomas C. Priore.
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11:51:21 AM UTC
SquawkNews
By Elias SchisgallPriority Technology Holdings agreed to be taken private by an investor group led by its chair and chief executive, Thomas Priore, in a deal with an enterprise value of around $1.6 billion.Priore's group would acquire all the stock it doesn't already own for $8.05 a share in cash…
05 per share in cash. Merger Sub will merge into Priority, and the company will become a wholly owned subsidiary controlled by Chairman and CEO Thomas C. Priore. Financing includes up to $160 million in equity com…