Clearlake Capital is nearing an acquisition of Dun & Bradstreet in a deal that would value the data and analytics providers at about $4B, or about $9 per share, people familiar with the matter told Bloomberg’s Liana Baker and Ryan Gould. A deal could be announced as soon as next week and will include a “go-shop period” during which Dun & Bradstreet will be open to explore rival offers, the sources said. Shares of Dun & Bradstreet are up 3.4% in afternoon trading.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DNB:
- Clearlake nearing $4B deal to buy Dun & Bradstreet, Bloomberg says
- Dun & Bradstreet near deal to go-private for $9 per share, Bloomberg says
- Dun & Bradstreet up 2% to $8.70 after Bloomberg report on deal talks
- Dun & Bradstreet’s Earnings Call Reveals Growth and Challenges
- Dun & Bradstreet price target lowered to $14 from $17 at Needham
Questions or Comments about the article? Write to editor@tipranks.com