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Effissimo Completes Successful Tender Offer for Soft99 Amid Abandoned Management Buyout

The investment firm’s acquisition of Soft99 moves forward as a planned management-led buyout fails to take shape.

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Terms & Concepts
  • Tender Offer: A public bid to purchase some or all shares in a company at a specified price within a fixed period.
  • Management Buyout: A transaction where a company’s management team purchases the business, often to gain greater control.