$8.4B take-private deal sends Clearwater shares higher, analysts flag undervaluation
Clearwater Analytics' share price surged nearly 8% in premarket trading on Monday after the company agreed to an 24.55 per share in cash, representing a premium of about 47% to the company's closing price on November 10, the last trading day before reports emerged of a possible deal. The offer underscores growing private equity interest in software ...