Blackhawk Network sold to P-E group; shares up 23%

Seeking Alpha

Published Jan 16, 2018 09:01AM ET

Blackhawk Network sold to P-E group; shares up 23%

  • Blackhawk Network Holdings (NASDAQ:HAWK) has agreed to a sale to Silver Lake Capital and P2 Capital for $3.5B in cash, or $45.25 per share.
  • The sale is expected to close in mid-2018. The company can look at alternative deals through Feb. 9.
  • Source: Press Release
  • Shares +22.9% to $44.85
  • Now read: Can Blackhawk Compete In Digital Without Cardpool?

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