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Absolute Software Corp - ABST STOCK NEWS

Welcome to our dedicated news page for Absolute Software (Ticker: ABST), a resource for investors and traders seeking the latest updates and insights on Absolute Software.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Absolute Software's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Absolute Software's position in the market.

Rhea-AI Summary
Absolute Software has completed its acquisition by Crosspoint Capital Partners, LP. The acquisition was made for $11.50 per Common Share in cash, with an enterprise value of approximately $870 million. Absolute Software will now operate as a privately held company.
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Rhea-AI Summary
Absolute Software Corporation has obtained a final order from the Supreme Court of British Columbia approving the acquisition of all outstanding shares by 1414364 B.C. LTD. Shareholders will receive US$11.50 per share. The transaction is expected to close in the second half of 2023.
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Absolute Software Corporation announces approval of acquisition by Crosspoint Capital Partners
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Rhea-AI Summary
Edenbrook Capital, LLC, a major shareholder of Absolute Software Corporation, has expressed concerns about the proposed acquisition of the company by Crosspoint Capital Partners. They believe that the company has manufactured a debt crisis to pressure shareholders into voting for the acquisition. Edenbrook Capital suggests an alternative strategic path that could create more value for shareholders.
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Absolute Software Corp

Nasdaq:ABST

ABST Rankings

ABST Stock Data

610.81M
Data Processing, Hosting, and Related Services
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Canada
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About ABST

absolute set the new standard for endpoint visibility and control with self-healing endpoint security and always-connected it asset management to protect devices, data, applications and users — on and off the network. bridging the gap between security and it operations, only absolute gives enterprises visibility they can act on to protect every endpoint, remediate vulnerabilities, and ensure compliance in the face of insider and external threats. absolute’s patented persistence technology is already embedded in the firmware of more than one billion pc and mobile devices and trusted by over 15,000 customers worldwide.