Priority Technology agrees to go private in USD 8.05-a-share deal led by CEO Priore

Bitget2026/09/21 11:30

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An investor group led by Thomas Priore agreed to buy Priority Technology Holdings shares it does not already own for USD 8.05 each.
The all-cash deal implies an enterprise value of about USD 1.6 billion.
Offer values the stock at a 65% premium to the Nov. 7, 2025 close, the last session before the initial proposal became public.
Price also represents a 38% premium to the Sept. 18, 2026 close, the last trading day before the agreement was reached.
Closing is expected in the first half of 2027, subject to regulatory clearances and a majority-of-minority shareholder vote.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Priority Technology Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609210730BIZWIRE_USPR_____20260920_BW050170) on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Priority Technology agrees to go private in USD 8.05-a-share deal led by CEO Priore

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