BUZZ-Rapid7 up after Reuters reports on buyout interest

Reuters
2024-10-29

** Cybersecurity firm Rapid7's shares up 7.3% at $41.7

** Reuters exclusively reports that RPD is exploring options with its investment bankers after attracting acquisition interest from buyout firms

** RPD is in early talks with private-equity firms, including Advent, Bain Capital and EQT and is exploring a potential sale

** Discussions may not lead to a deal and Rapid7 could opt to stay independent

** Stock has fallen 31.7% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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