✉news TechnologyTechnology first seen 3 h ago, last 2 h ago, peak #1
Priority Technology CEO to Take Firm Private in $1.6 Billion Deal
The chief executive of Priority Technology is leading a buyout to take the payments company private in a deal valued at $1.6 billion, according to the Wall Street Journal. The move would remove the Georgia-based payments firm from public markets. Investors and industry watchers are weighing what the offer means for shareholders and the company's next chapter.
Why now: A major CEO-led take-private deal of a publicly traded payments company naturally draws broad market and media attention.
Evidence
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