Forian Inc. (Nasdaq: FORA) (“Forian” or the “Company”), a leading provider of data analytics and information solutions, announces that it has entered into a definitive merger agreement (the “Merger Agreement”) providing for Forian to be acquired, in an all-cash transaction, by an entity affiliated with a consortium of investors led by Max Wygod, Chairman and Chief Executive Officer, together with certain other senior executives and existing stockholders of the Company (collectively, the “Consortium”). The all-cash transaction values the Company’s equity at approximately $68 million and will enable the Company to return to private ownership.
Read the full article: Forian Inc. Enters into Definitive Agreement to Become a Private Company //
Source: https://www.newmediawire.com/news/forian-inc-enters-into-definitive-agreement-to-become-a-private-company-7086201