Sunday, July 25

Stamps.com

Acquisition, Markets, Mergers, MI Exclusive, Mover, Movers, Stamps.com, stock market, stock market 2021, Thoma Bravo

Stamps.com soars 65% after Thoma Bravo announces it will buy the online postage company for $6.6 billion in cash

Xinhua/Wang Ying/ Getty Images Stamps.com soared 65% on Friday after Thoma Bravo said it would acquire the online postage company.Shareholders of Stamps.com will receive $330 per share, representing a 67% premium from Thursday's closing price.The deal ends a volatile history for Stamps.com as a public company, in which it was often the target of short-sellers.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Shares of Stamps.com soared as much as 65% on Friday after it agreed to be acquired by Thoma Bravo for $6.6 billion in cash.Shareholders of the online postage company popular with e-commerce store owners will receive $330 per share, representing a 67% premium from Thursday's closing price of $197.72.The deal ends a volatile history for Stamps.com as a p...