Thoma Bravo And Talend Announce Expiration Of The Hart-Scott-Rodino Waiting Period For Tender Offer For Talend

Thoma Bravo and Talend Announce Expiration of the Hart-Scott-Rodino Waiting Period for Tender Offer for Talend

Thoma Bravo and Talend (NASDAQ: TLND) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR”), for Thoma Bravo’s tender offer for Talend.

As previously disclosed, Talend and Thoma Bravo have entered into a memorandum of understanding pursuant to which Thoma Bravo intends to commence a tender offer to aquire all of the outstanding ordinary shares and American Depositary Shares (“ADSs”) of Talend for $66.00 in cash per ordinary share and ADS (each ADS representing one ordinary share).

The expiration of the HSR waiting period satisfies one of the conditions to the tender offer, which has not yet commenced. The tender offer is currently expected to close in the third quarter of 2021.

Also Read: Top 5 Ways To Prevent Automation Mismanagement

About Talend

Talend (NASDAQ: TLND), a leader in data integration and data integrity, is changing the way the world makes decisions.

Talend Data Fabric is the only platform that brings together all the data integration and governance capabilities to simplify every aspect of working with data. Talend delivers complete, clean, and uncompromised data in real-time to all.

This unified approach to data has made it possible to create the Talend Trust Score(TM), an industry-first innovation that instantly assesses the reliability of any dataset to bring clarity and confidence to every decision.

Over 6000 customers across the globe have chosen Talend to run their businesses on trusted data. Talend is recognized as a leader in its field by leading analyst firms and industry media.

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