Financial News

Thoma Bravo to take QAD Inc private for US$2 billion

REUTERS: QAD Inc said on Monday private equity firm Thoma Bravo will buy the enterprise software maker for about US$2 billion, the latest go-private deal by the software investor. QAD shareholders will get US$87.50 per share in cash, a premium of about 20per cent to the company’s last close …

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