Atlas Technical Consultants acquired by GI Partners
The Fly

Atlas Technical Consultants acquired by GI Partners

Atlas Technical Consultantsy announced the completion of its acquisition by GI Partners, in an all-cash transaction valued at approximately $1.05B, including outstanding debt. The agreement to be acquired was previously announced on January 31, 2023 and approved by Atlas stockholders at Atlas’ Special Meeting of Stockholders held on March 29, 2023. With the completion of the transaction, Atlas stockholders will receive $12.25 per share in cash for each share of Atlas common stock they owned, which represents a premium of approximately 124 percent over Atlas’ unaffected closing share price of $5.47 on January 30, 2023. Atlas’ common stock has ceased trading and will be delisted from Nasdaq.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on ATCX:

Related Articles
GlobeNewswireAtlas Technical Consultants Acquired by GI Partners
TheFlyAtlas Technical Consultants initiated with an Outperform at CJS Securities
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App