Benchmark downgraded Cantaloupe (CTLP) to Hold from Buy after the company agreed to be acquired by 365 Retail Markets in a transaction with an equity value of approximately $848M, or $11.20 per share in cash.
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Read More on CTLP:
- Cantaloupe downgraded to Underperform from Outperform at Barrington
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- Cantaloupe downgraded to Market Perform from Outperform at William Blair
- Cantaloupe trading resumes
- Cantaloupe Announces Merger Agreement with 365 Retail Markets