31 Jan 2017

H.I.G. Capital, LLC Acquisition of Lionbridge Technologies, Inc.

Morrow Sodali

Lionbridge Technologies, Inc. (Nasdaq: LIOX), today announced that it has signed a definitive agreement to be acquired by an affiliate of H.I.G. Capital, LLC, a leading global private equity investment firm. Under the terms of the agreement, Lionbridge stockholders will receive $5.75 per share in cash for each share of Lionbridge common stock, representing a 17% premium over Lionbridge’s 60 day-weighted average price per share as of December 09, 2016.

Morrow Sodali is serving as the proxy solicitor for Lionbridge Technologies.

Topics

Mergers and Acquisitions Recent Deals and Transactions USA