Shares of Diamond Management & Technology Consultants Inc DTPI are rising on the acquisition news.
DTPI’s shares rose 30.50% to $12.45 at 12:00 pm. PricewaterhouseCoopers LLP has agreed to buy all of the outstanding common shares of DTPI for $378 million or $12.50 per share in cash, representing a premium of 31% to DTPI's closing price on August 23, 2010.
Diamond Management & Technology Consultants’ shares have lost 11.09% over the last month, while moving up 31.95% so far this year.
Read more from Benzinga's Company news.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Long IdeasNewsM&AMarketsMoversTrading IdeasDiversified Commercial & Professional ServicesIndustrialsmovers and shakers
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in