Francisco Partners-led investor group completes take-private buyout of Verifone
An investor group led by Francisco Partners has closed its previously announced take-private acquisition of Verifone Systems Inc, a San Jose, California-based provider of payment and commerce solutions. Also included in the investor group is British Columbia Investment Management Corporation. According to terms of the deal, Verifone stockholders received $23.04 per share in cash. As a result of the closing, Verifone’s common stock has stopped trading on the New York Stock Exchange.
20 August 2018•3 mins read
