Thoma Bravo to take Bottomline private at $2.6B value

Thoma Bravo has agreed to acquire fintech company Bottomline Technologies at a $2.6 billion value. As part of the public-to-private deal, Thoma Bravo will pay $57 in cash per Bottomline share, representing a premium of 41% to Bottomline's 30-day volume-weighted average price as of Oct. 19. Bottomline helps corporations and banks make domestic and international payments, manage cash, review bills and more.

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