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According to Reuters, Cision (CISN) seeking strategic alternatives

  • March 4, 2019

POTENTIAL DEAL DETAILS

StockCision Ltd.SymbolCISN
Date Announced03/04/2019Source Reuters
TypeNews Report
Date of Confirmation: 10/22/2019Price at Confirmation: $10.05
Potential Profit: -26.70%Annualized Profit: -42.00%

Cision Ltd, (CISN) the owner of PR Newswire and provider of software for public relations professionals, is holding discussions with private equity firms about a potential sale, people familiar with the matter said.

Update(s):

October 22, 2019: Cision Ltd. (CISN), a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.74 billion.

 

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