Avid Technology may be worth $30-$33 in PE takeout, at least $48 in strategic deal

TV And Video Control Room

TV And Video Control Room

TommL/E+ via Getty Images

Avid Technology may see a takeover price of $30–$33 a share in a potential acquisition from a private equity buyer, according to a Northland analyst.

The analysis comes after Reuters reported on Thursday that Francisco Partners and Symphony Technology Group competing to buy the media editing software firm,

Leave a Reply

Your email address will not be published. Required fields are marked *