GO
Loading...

Active Network taken private in $1.05 billion deal

Oleg Prikhodko | E+ | Getty Images

Active Network, which makes software for event management and online registrations, said it would be acquired by Vista Equity Partners for about $1.05 billion.

The private-equity firm will make a tender offer of $14.50 per share, representing a 27.2 percent premium to Active Network stock's Friday closing.

Active shares were trading at $14.45 before the bell.


By Reuters

Contact M&A

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More