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Neustar to go private in $2.9 bln deal including debt
December 14, 2016 / 1:13 PM / 9 months ago

Neustar to go private in $2.9 bln deal including debt

Dec 14 (Reuters) - Telecommunications company Neustar Inc said on Wednesday it would be taken private by a group led by San Francisco-based private equity firm Golden Gate Capital in a deal valued at about $2.9 billion, including debt.

Under the deal, Neustar’s shareholders will get $33.50 per share in cash, representing a 21.2 percent premium to the stock’s Tuesday close. (Reporting by Narottam Medhora in Bengaluru; Editing by Anil D‘Silva)

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