Mimecast to Be Acquired by Permira
<p><a href='https://financialmodelingprep.com/financial-summary/MIME'>Mimecast Limited (NASDAQ:MIME) </a>made an announcement on Tuesday, according to which it had entered into a definitive agreement whereby Permira, a global PE firm, will acquire the company for $80/share in an all-cash transaction. </p>
<p>The announcement came after a report in the Wall Street Journal on October 27 that the company had begun exploring all options with bankers, including a potential sale. </p>
<p>Shareholders may have hoped for slightly more in an offer, but the majority of analysts do not believe they will vote against the approval of the deal.</p>

NASDAQ:MIME