Anaplan Activists Are Quickly Rewarded

A sizable number of hedge funds are poised to benefit from the cloud computing company’s deal with Thoma Bravo.

Michael Nagle/Bloomberg

Michael Nagle/Bloomberg

Well, that was quick.

Just a few days after a pair of prominent activist hedge funds teamed up to threaten a proxy fight against cloud-based business planning software company Anaplan, private equity firm Thoma Bravo reached a deal to acquire the company for $66 per share, in an all-cash transaction valued at $10.7

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