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PE firm completes Sizmek acquisition
Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection
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An affiliate of Vector Capital Management LP on Sept. 27 completed itsacquisition ofSizmek Inc.
Vector earlier completed the cash tender offer for all of Sizmek'soutstanding shares of common stock at $3.90 per share. The all-cash tenderdeal valuedSizmek at about $122 million.
Sizmek notified the Nasdaq Stock Market regarding thecompletion of the merger. The company asked Nasdaq to cease trading of itsshares on Nasdaq at the close of market on Sept. 27.