Comverge (COMV -8%) agrees to be acquired by PE firm HIG Capital for ~$49M, or $1.75/share, below its $1.88 Friday closing price and analyst estimates of its worth. COMV felt it had no choice, believing it "would be unable to raise the necessary capital to fund continuing operations, which would place existing stockholder investment in the company at significant risk."
Comverge (COMV -8%) agrees to be acquired by PE firm HIG Capital for ~$49M, or $1.75/share,...
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs