October 14, 2019 / 6:22 AM / a month ago

RPT-Thoma Bravo to buy out Sophos Group in $3.8 billion deal

(Repeats with no change to text or headline)

Oct 14 (Reuters) - Private equity firm Thoma Bravo said on Monday it would take cybersecurity company Sophos Group private in a deal valuing the British company at about $3.8 billion.

Sophos Group shareholders will get $7.40 per share in cash as part of the deal, representing a premium of 37% to the stock’s closing price on Friday. (Reporting by Yadarisa Shabong in Bengaluru; Editing by Bernard Orr)

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