Thoma Bravo cuts Anaplan takeover offer to $9.60 billion

Thoma Bravo cuts Anaplan takeover offer to $9.60 billion
Thoma Bravo Image Credit: Wikimedia Commons

Anaplan Inc said on Monday that private-equity firm Thoma Bravo had lowered its takeover offer for the software maker to $9.60 billion from $10.7 billion.

Anaplan's shares, which have risen nearly 44% this year, were down about 4% in premarket trading. The company's shareholders will now receive $63.75 per share, compared with the previous offer of $66.

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