PROS Holdings Merger Clears Antitrust Waiting Period
PROS Holdings announced the expiration of the antitrust waiting period for its merger with Portofino Parent, LLC, satisfying a key condition for the deal. Portofino Merger Sub, Inc. will merge into PROS Holdings, which will become a wholly owned subsidiary of Portofino Parent. The merger is expected to close in Q4 2025, pending stockholder approval and other conditions.
PROS Holdings, Inc. disclosed that the waiting period for its pending merger with Portofino Parent, LLC has expired as of November 24, 2025, marking the satisfaction of one of the conditions required to complete the deal. Under the terms of the agreement, Portofino Merger Sub, Inc., a subsidiary of Portofino Parent, will merge with and into PROS Holdings, with PROS Holdings continuing as a wholly owned subsidiary of Portofino Parent. The transaction is expected to close in the fourth quarter of 2025, pending the fulfillment of remaining closing conditions, including approval by PROS Holdings’ stockholders. 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. PROS Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001392972-25-000173), on November 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
