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Francisco Partners to buy Blackline Safety for $9.50 per share.
Francisco Partners Management LP has agreed to acquire Calgary-based Blackline Safety for up to $850 million, with shareholders receiving $9 per share in cash, plus an additional $0.50 per share contingent on financial milestones.
The deal requires shareholder approval and is expected to close in the second quarter of 2026.
Following the announcement, Blackline shares rose 26% on the Toronto Stock Exchange.
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Francisco Partners comprará Blackline Safety por $9.50 por acción.