SPS Commerce gains after activist Anson Funds discloses stake
SPS Commerce's stock rose 2.3% after Anson Funds disclosed a stake and urged the company to oust its CEO and consider a sale. Anson Funds suggests cost-cutting, pausing M&A, and leadership change, with potential 40% upside in a sale. Possible buyers include Thoma Bravo, Oracle, Roper Technologies, and SAP.
Source: businessinsider The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments