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Goodwin Procter: Monotype to Be Acquired by HGGC for an Aggregate Equity Value of Approximately $825 Million

Jul 26, 2019 - Targeted News Service
Mergers and Acquisitions

Goodwin Procter, a law firm, issued the following news release:

The Technology team is advising Monotype Imaging Holdings Inc. (Nasdaq: TYPE) on a definitive agreement under which HGGC, a leading middle market private equity firm, will acquire all outstanding shares of Monotype common stock for $19.85 per share in cash, representing an aggregate equity value of approximately $825 million.

The $19.85 per share cash consideration represents a premium of approximately 23% to Monotype's ...