financetom
Business
financetom
/
Business
/
Quisitive Shareholders Approve $169.1-Million Sale to H.I.G. Capital
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Quisitive Shareholders Approve $169.1-Million Sale to H.I.G. Capital
Feb 28, 2025 1:06 PM

03:47 PM EST, 02/28/2025 (MT Newswires) -- Quisitive Technology Solutions ( QUISF ) on Friday on Friday said shareholders voted to approve the $169.1-million sale of the company to an affiliate of funds managed by H.I.G. Capital.

The company said 98.55% of shares were voted in favor of the sale, which will see shareholder receive $0.57 in cash for each share held.

Quisitive will seek a final order from the Supreme Court of British Columbia at a hearing expected to be held on March 4, and the sale is expected to close on or about March 11.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Garmin raises full-year guidance, results beat amid unabated demand
Garmin raises full-year guidance, results beat amid unabated demand
Oct 30, 2024
(Reuters) - Garmin raised its full-year profit and revenue forecasts on Wednesday, expecting a slew of launches of wearable products ahead of the holiday season to drive demand further, sending the company's shares up 9.5% in premarket trading. Garmin's fitness segment, its second-largest by revenue, has seen resilient growth in the first half of the year, primarily driven by an...
Top Premarket Gainers
Top Premarket Gainers
Oct 30, 2024
07:45 AM EDT, 10/30/2024 (MT Newswires) -- NerdWallet ( NRDS ) shares surged 27% pre-bell Wednesday after the company reported improved Q3 financial results. Reddit ( RDDT ) shares advanced 20% after the company reported overnight it swung to Q3 net profit on higher revenue. CPI Aerostructures ( CVU ) shares were up 13% following a 4.4% drop in the...
Bio-Techne beats quarterly profit estimates, driven by diagnostic unit growth; shares rise
Bio-Techne beats quarterly profit estimates, driven by diagnostic unit growth; shares rise
Oct 30, 2024
Oct 30 (Reuters) - Bio-Techne ( TECH ) beat first-quarter profit estimates on Wednesday helped by growth in its diagnostics and spatial biology segment, sending the shares of the biotech company up 4.59% in premarket trading. On an adjusted basis, the Minnesota-based company posted a profit of 42 cents per share, surpassing the estimates of 38 cents per share, according...
Kraft Heinz Fiscal Q3 Adjusted Earnings Rise, Net Sales Fall
Kraft Heinz Fiscal Q3 Adjusted Earnings Rise, Net Sales Fall
Oct 30, 2024
07:47 AM EDT, 10/30/2024 (MT Newswires) -- Kraft Heinz Company ( KHC ) reported fiscal Q3 adjusted earnings Wednesday of $0.75 per diluted share, up from $0.72 a year earlier. Analysts polled by Capital IQ expected $0.74. Net sales for the quarter ended Sept. 28 were $6.38 billion, down from $6.57 billion a year earlier. Analysts surveyed by Capital IQ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved