Twilio closes SendGrid acquisition

|About: Twilio (TWLO)|By:, SA News Editor

Twilio (TWLO +0.9%closes its SendGrid (NYSE:SEND) acquisition, a deal valued at approximately $3B.

Based on yesterday's Twilio closing price, SendGrid investors will receive approximately $53.99 of aggregate value per share.

SendGrid has now stopped trading on the NYSE.

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