Acquisition365’s bid represents an 18% premium to CTLP’s recent closing price, indicating a favorable acquisition offer for shareholders.
Regulatory OutlookAntitrust concerns are considered unlikely as the firms have complementary strengths, reducing regulatory risk for the acquisition.
SynergiesThe acquisition should result in a host of synergies between the two companies, combining Cantaloupe’s leading U.S. share in traditional unattended verticals with 365’s leading U.S. share in micro markets.