August 14, 2019 / 10:12 AM / 4 days ago

Presidio Inc to go private in a $2.1 billion deal

Aug 14 (Reuters) - Investment firm BC Partners will buy Presidio Inc in a $2.1 billion all-cash deal, the IT solutions company said on Wednesday.

Presidio stockholders will receive $16 in cash for each share they own, representing a premium of 21.3% to Presidio's closing price on Tuesday. (Reporting by Munsif Vengattil in Bengaluru; Editing by Shailesh Kuber)

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