Initial Take On Infogroup, Inc.’s (IUSA) Acquisition By CCMP Capital
By Benzinga Staff
March 10, 2010 3:42 PM
March 10, 2010 3:42 PM
MKM Partners has released a report reviewing the takeover of Infogroup, Inc. (NASDAQ: IUSA) by CCMP Capital.
According to MKM, the sale of Infogroup to CCMP Capital will maximize value for the company’s shareholder. MKM does not expect any other bids for the company, even though there is a 21 day period for the company to shop for other bidders.
CCMP Capital has offered Infogroup $8 per share in cash.
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