Priority Technology Holdings Goes Private: CEO's $500M Offer
Update: 2025-11-10
Description
Priority Technology Holdings CEO, Thomas Priore, proposes taking the company private, offering between $6 and $6.15 per share, a 23-26% premium over the closing price. Priore, with 60% ownership, aims to delist the company, believing its consistently undervalued. The deal, if approved, would cash out stock options and be financed through equity and new debt.
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