Insight Enterprises, Inc.NASDAQ
Mon, Nov. 7, 8:27 AM
- Datalink (NASDAQ:DTLK) +16.9% premarket after it agrees to be acquired by Insight Enterprises (NASDAQ:NSIT) for $11.25/share, a 19% premium to DTLK's closing share price on Nov. 4.
- The deal implies an equity purchase price of $258M and an enterprise value of ~$196M, net of cash and debt acquired.
- NSIT says it expects to achieve ~$20M in run-rate cost savings within two years after closing.