By Denny Jacob
Dun & Bradstreet Holdings agreed to be acquired by private equity firm Clearlake Capital Group in a transaction valued at $7.7 billion, including outstanding debt.
The agreement, unanimously approved by Dun & Bradstreet's board, will award shareholders $9.15 in cash for each share of common stock they own.
The purchase price will be funded by Clearlake with a combination of equity and debt financing.
The agreement includes a "go-shop" period, during which Dun & Bradstreet will actively solicit and potentially agree to alternative agreements.
The deal is expected to close in the third quarter.
Dun & Bradstreet, a provider of business-decisioning data and analytics, will become a privately held company once the transaction is completed.
Shares of Dun & Bradstreet ticked up 3% to $8.99 in premarket trading. The stock is down 30% on the year compared with the 3.6% decline in the S&P 500.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
March 24, 2025 07:59 ET (11:59 GMT)
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