Proposed Buyout Undervalues Smartsheet; Alamar Capital Urges Vote Against Merger [Yahoo! Finance]
Smartsheet Inc. Class A (SMAR)
Last smartsheet inc. class a earnings: 3/17 04:21 pm
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Source: Yahoo! Finance
in software companies and have a history of our investments being acquired by private equity firms at large premiums. After careful and extensive analysis, we urge fellow Smartsheet Inc. stockholders to vote against the recently proposed $8.4 billion acquisition by private equity firms, Vista Equity Partners and Blackstone, due to an undervalued offer that fails to reflect the company's true potential. The proposed deal, announced on September 24, 2024, offers $56.50 per share in cash for Smartsheet, a leading software maker based in Bellevue, Washington. However, in our analysis, this price significantly undervalues Smartsheet's innovative technology, market position, and future growth prospects. The price does not adequately compensate shareholders for Smartsheet's strong market position and growth potential in the collaborative work management space. Unless the buyers substantially raise the acquisition price, we believe the company should continue to trade publicly so that share
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SMAR
News
- EGHT vs. SMAR: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- Smartsheet (SMAR) Was a Profitable Investment For Optimist Fund [Yahoo! Finance]Yahoo! Finance
- Smartsheet 2025 Project and Portfolio Management Priorities Report: Teams are Fatigued, and Executives Need to Pay Attention [Yahoo! Finance]Yahoo! Finance
- Smartsheet 2025 Project and Portfolio Management Priorities Report: Teams are Fatigued, and Executives Need to Pay AttentionBusiness Wire
- Multiple Tailwinds Lifted Smartsheet (SMAR) In Q3 [Yahoo! Finance]Yahoo! Finance
SMAR
Earnings
- 12/5/24 - Beat
SMAR
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- SMAR's page on the SEC website