Blackhawk Network sold to P-E group; shares up 23%

|About: Blackhawk Network Holdin... (HAWK)|By:, SA News Editor

Blackhawk Network Holdings (NASDAQ:HAWK) has agreed to a sale to Silver Lake Capital and P2 Capital for $3.5B in cash, or $45.25 per share.

The sale is expected to close in mid-2018. The company can look at alternative deals through Feb. 9.

Source: Press Release

Shares +22.9% to $44.85

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