BUZZ-Heidrick & Struggles soars after $1.3 billion take-private deal

Reuters
2025.10.06 13:43
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Heidrick & Struggles International's shares surged 20% to $58.2 following a $1.3 billion take-private deal led by Advent International and Corvex. Shareholders will receive $59 per share, a 21% premium over the previous close. The deal, expected to finalize by Q1 2026, will maintain the current leadership team. Year-to-date, HSII shares have risen approximately 32%.