Digital River Completes $840m Sale to Siris

sourced

Categories

Via News Release

Digital River, Inc. (“Digital River”), a leading global provider of Commerce-as-a-Service solutions, today announced the completion of its acquisition by an investor group led by Siris Capital Group, LLC (“Siris”). The execution of a definitive merger agreement outlining the terms of the transaction, which is valued at approximately $840 million, was initially announced on October 23, 2014. In the transaction, all outstanding shares of Digital River common stock (subject to certain exceptions) were converted into the right to receive $26 in cash per share. “

Read More…

Comments

Sponsors