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Market Impact: 0.4
Priority Technology Board Backs CEO's Go-Private Deal at $1.6 Billion Valuation
Source: pymnts.com
M&A & RestructuringManagement & GovernanceFintech
Priority Technology Holdings agreed to be taken private by an investor group led by Chairman and CEO Thomas Priore. The transaction represents a management-led buyout of the payments and banking-solutions provider, likely providing a positive catalyst for Priority shares while affecting primarily the company rather than the broader market.
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