Thursday, August 27, 2020

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


  • Industry Announcement

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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.

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