Blucora jumps 9% after agreeing to sell TaxAct for $720M

Nov. 01, 2022 9:01 AM ETAvantax, Inc. (AVTA)By: Joshua Fineman, SA News Editor

Close Up of Tax Form 1040

Soulmemoria/iStock via Getty Images

  • Blucora (NASDAQ:BCOR) rose 9% in premarket trading after agreeing to sell its TaxAct tax software business to an affiliate of Cinven for $720 million in cash.
  • After the sale of TaxAct, Blucora (BCOR) will rebrand as

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