Donuts to complete Rightside acquisition tonight

by Kevin Murphy
Donuts is on the verge of closing its acquisition of coopetitor Rightside, after the vast majority of Rightside shareholders agreed to sell up. Rightside just disclosed that owners of 92% of its shares — 17,740,054 shares — have agreed to sell at Donuts’ offer price of $10.60 per share. That means the remaining 8% of shares that were not tendered will be converted into the ...Read the full article