Monday, October 4, 2021

Stamps.com Stockholders Approve Private Equity Acquisition

El Segundo-based Stamps.com, which provides e-commerce shipping and online postage services, said last week that its stockholders approved a merger with private equity investor Thoma Bravo. The deal calls for Stamps.com stockholders to receive $330.00 per shar in cash for each share of Stamps.com common stock they own. The company said the acquisition is expected to close this week. The "go private" deal is worth approximately $6.6 billion in cash.