HP Agrees To Snap Plantronics At 53% Premium
HP Inc (NYSE:HPQ) agreed to acquire Plantronics Inc (NYSE:POLY) for an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion. The purchase price of $1.7 billion implied a premium of 52.7% to Plantronics' March 25 closing price of $26.20, Reuters reports. Plantronics is a leading workplace collaboration solution provider. HP…
Benzinga ·