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Metropolis Technologies, Inc to Acquire SP Plus Corporation for $1 5 Billion

Los Angeles based Metropolis Technologies, Inc., a technology company whose computer vision platform enables checkout-free payment experiences, and SP Plus Corporation (SP+), a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, this week announced that they have entered into a definitive agreement under which Metropolis will acquire SP+ for $54.00 per share in cash.

United statesPeter fisherTravis kellCourtney fukudaLos angelesSp plus corporationMetropolis technologies incMetropolis technologiesNorth americaAlex israelSphere commerceChief executive officer

Metropolis Technologies, Inc to Acquire SP Plus Corporation for $1 5 Billion

SP Plus Corporation stockholders to receive $54.00 per share in cash, representing a 52% premium to the closing stock price on October 4, 2023 and a 28% premium to the 52-week high Combination of.

New yorkUnited statesCity ofUnited kingdomTony minellaCourtney fukudaPeter fisherTravis kellLos angelesMarc baumannMeagher flomFenwick westWillkie farr gallagherSp plus corporationInvestor relations teamGoldman sachs co

SP Plus to be taken private by Metropolis Technologies for $1 5B

Metropolis Technologies Inc. said Thursday it would pay $54 a share for SP Plus Corp. in a take-private deal that values the parking facility management.

Sp plus corpMetropolis technologies incMetropolis technologiesVista credit partnersArticle normalPrivate equityBusiness consumer servicesAcquisitions mergers takeoversSp plus corpNasdaq composite indexConsumer services

Metropolis Technologies, Inc to Acquire SP Plus Corporation (SP) for $1 5 Billion, $54 Per Share

Metropolis Technologies, Inc to Acquire SP Plus Corporation (SP) for $1 5 Billion, $54 Per Share
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United statesCity ofUnited kingdomTravis kellMarc baumannCourtney fukudaPeter fisherTony minellaFenwick westMeagher flomWillkie farr gallagherCorporation nasdaqGoldman sachs coMorgan stanley coMetropolis technologies incSidley austin

Why Parking Company SP Plus (SP) Shares Are Skyrocketing Today? - SP Plus (NASDAQ:SP)

SP Plus Corporation NASDAQ: SP) shares are trading higher Thursday morning as it entered into a definitive agreement to be acquired by Metropolis Technologies, Inc. 

United statesSp plus corporationMetropolis technologies incMetropolis technologiesNorth americaAlex israel

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