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Quisitive Technology Solutions ( (TSE:QUIS) ) has provided an update.
Quisitive Technology Solutions Inc. announced that its shareholders have approved the acquisition by an affiliate of H.I.G. Capital, LLC, with an overwhelming majority vote. This acquisition, structured under a plan of arrangement, will provide shareholders with cash consideration for their shares and is expected to close in March 2025, pending final court approval and satisfaction of customary closing conditions. The acquisition is anticipated to enhance Quisitive’s operational capabilities and market positioning, potentially benefiting stakeholders through expanded resources and strategic growth opportunities.
More about Quisitive Technology Solutions
Quisitive Technology Solutions Inc. is a leading global Microsoft partner specializing in cloud and AI solutions. The company focuses on helping enterprises across various industries leverage the Microsoft platform to innovate and thrive in the era of artificial intelligence.
YTD Price Performance: 2.89%
Average Trading Volume: 44,751
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $107.5M
See more data about QUIS stock on TipRanks’ Stock Analysis page.