Thursday, August 27, 2020

Equity Corporate Actions Alert #2020 - 153
(UPDATED-Merger Closed) Information Regarding the Merger of LogMeIn, Inc. (LOGM)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

At a special meeting held on March 12, 2020, the shareholders of LogMeIn, Inc. (LOGM) approved a merger with affiliates of Francisco Partners and Evergreen Coast Capital. The merger closed prior to the market open today, August 31, 2020. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on August 28, 2020. The stock will remain halted on the day of closing (August 31st) and will be suspended effective September 1, 2020. The details are as follows:

Company: LogMeIn, Inc.
Issue: Common Stock
CUSIP#: 54142L109
Symbol: LOGM
Last Trading Date: August 28, 2020
Marketplace Effective Date for Suspension: September 1, 2020
Merger Consideration: $86.05 for each share held.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.