According to Bloomberg, LogMeIn (LOGM) approached by Francisco Partners Management and Elliott Management

  • December 12, 2019

POTENTIAL DEAL DETAILS

Stock LogMeIn, Inc. Symbol LOGM
Date Announced 12/11/2019 Source Bloomberg
Type News Report
Date of Confirmation: 12/17/2019 Price at Confirmation: $85.95
Potential Profit: 7.67% Annualized Profit: 466.37%

Private equity firm Francisco Partners Management has partnered with hedge fund Elliott Management Corp. in a bid to take workplace software provider LogMeIn Inc. (LOGM) private for more than $4 billion, according to people familiar with the matter.

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