LaunchEquity Taking MakeMusic Private

LaunchEquity Partners has agreed to acquire MakeMusic (NASDAQ: MMUS) through an all-cash transaction valued at approximately $23.8 million. LaunchEquity already owns approximately 27.8% of the company's outstanding common stock. The purchase price of $4.85 per share represents a 31% premium over the stock's closing share price on March 12. Based in Eden Prairie, MN, MakeMusic provides software solutions for music education and notation.

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