LogMeIn: Acquired by Francisco Partners and Evergreen for $4.3B
- The purchase price comes out to $86.05 per share in an all-cash deal
- The company had a 52-week high of $96.87 per share and a low of $62.02
- The purchase price represents a 25% premium on the closing share price on September 18th
- LogMeIn bought Jive Communications for $357 million in 2018 to give it deeper penetration in the unified communications market
- It has a variety of other products, including remote access tools
- The deal expected to close in mid 2020, but the company does have a 45-day go-shop provision
