In a report published Monday, Stifel analyst George Askew terminated coverage on
Active Network (NYSE:
ACTV).
In the report, Stifel noted, “We are dropping coverage of The Active Network, Inc. because the company's acquisition by Vista Equity Partners for $14.50 per share in cash has closed. Our final rating on the shares of Active Network was Hold.”
Active Network closed on Friday at $14.49.
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