Priority Technology agrees to go private in USD 8.05-a-share deal led by CEO Priore
Bitget2026/09/21 11:30- An investor group led by Thomas Priore agreed to buy Priority Technology Holdings shares it does not already own for USD 8.05 each.
- The all-cash deal implies an enterprise value of about USD 1.6 billion.
- Offer values the stock at a 65% premium to the Nov. 7, 2025 close, the last session before the initial proposal became public.
- Price also represents a 38% premium to the Sept. 18, 2026 close, the last trading day before the agreement was reached.
- Closing is expected in the first half of 2027, subject to regulatory clearances and a majority-of-minority shareholder vote.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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