The executive search firm Heidrick &amp; Struggles (HSII.US) announced that it has received a proposal for privatization from an investor consortium including Advent International and Corvex Private Equity, with the stock price recently rising by 20%.
The consortium will acquire Heidrick &amp; Struggles at a price of $59 per share, valuing the company at $1.3 billion

HSII

Heidrick & Struggles, a senior executive search firm, announced that it has received a proposal for privatization from an investor consortium including Advent International and Corvex Private Equity. The stock price has recently risen by 20%. The consortium will acquire Heidrick & Struggles at a price of $59 per share, valuing the company at $1.3 billion

Heidrick & Struggles, a headhunting company, received a consortium's proposal for privatization, and its stock price rose by 20%