UPDATE: Stifel Terminates Coverage on Active Network as Acquisition by Vista Partners is Complete

In a report published Monday, Stifel analyst George Askew terminated coverage on Active Network ACTV. In the report, Stifel noted, “We are dropping coverage of The Active Network, Inc. because the company's acquisition by Vista Equity Partners for $14.50 per share in cash has closed. Our final rating on the shares of Active Network was Hold.” Active Network closed on Friday at $14.49.