Platinum Equity to buy Cision for about $2.74 bln

Platinum Equity has agreed to acquire Cision Ltd for $10 per share or about $2.74 billion in cash. Rothschild & Co is serving as lead financial adviser to Cision with Centerview Partners LLC and Deutsche Bank Securities Inc also providing financial advice. The deal is expected to close in the first quarter of next year. Cision is a provider of software and services to PR and marketing communications professionals.

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