Device security firm Forescout snapped up by Advent in $1.9 billion deal

Forescout Technologies has been acquired by global private equity investor Advent International in a deal worth $1.9 billion. The all-cash transaction, announced this week, will allow Advent to purchase all outstanding shares of Forescout common stock for $33 per share, which represents a premium of approximately 30 percent over Forescout closing prices of $25.45 on October 18, 2019.

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