Back to News
Market Impact: 0.48
Priority Technology Stock Surges Monday: What's Driving the Action?
Source: benzinga.com
M&A & RestructuringFintechBanking & Liquidity
Priority Technology Holdings agreed to be taken private in a $1.6 billion CEO-led buyout. Shares traded higher Monday morning following the definitive agreement, which represents a material positive catalyst for PRTH shareholders and removes the payments-and-banking provider from public markets upon closing.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately positive
Sentiment Score
0.62
Ticker Sentiment
PRTH0.85
More News
- Priority Technology Holdings, Inc. Announces Definitive Agreement with Investor Group Led by Chairman and CEO Thomas Priore to Take Company Private
- Paramount agrees invest $1.5 billion in domestic movies and create a board for editorial independence at CNN, CBS as part of deal for Warner Bros.
- Paramount and state AGs will settle lawsuit, allowing Warner Bros. merger to proceed, reports say
- Paramount Set to Settle Lawsuits, Clearing Way for Warner Bros. Deal
- Paramount settles with US states in step towards merger with Warner Bros
- Paramount settles lawsuit blocking $110 billion Warner Bros. merger