Silver Lake, P2 Capital to acquire Blackhawk in $3.5 bln deal

Nordea Investment Management Ab sold 25,400 shares as Blackhawk Network Holdings (HAWK)'s stock rose 16.53%. The definitive agreement has fully committed debt and equity financing, including an approximately $1.7 billion equity commitment from Silver Lake.

The stock increased 1.53% or GBX 7 during the last trading session, reaching GBX 463.1. Royal Mail plc (LON:RMG) has 0.00% since January 16, 2017 and is. It has outperformed by 17.71% the S&P500. Blackhawk Network Holdings had 32 analyst reports since July 24, 2015 according to SRatingsIntel. The institutional investor held 415,690 shares of the finance company at the end of 2017Q3, valued at $18.21 million, down from 613,890 at the end of the previous reported quarter. So it's reasonable to say that market is fairly certain that the deal will be completed and Blackhawk will become a private company. About 735,961 shares traded.

To: All Persons or Entities who purchased Blackhawk Network Holdings, Inc.

Rowley Law PLLC is investigating potential claims against Blackhawk Network Holdings, Inc. Share performance for the month is now at 3.84%. (NASDAQ:HAWK) puts the stock on today's active list. Therefore 64% are positive. Wedbush has "Neutral" rating and $33 target. The stock of Blackhawk Network Holdings, Inc. The firm has "Buy" rating by Mizuho given on Thursday, October 12. The rating was downgraded by Bank of America on Friday, October 7 to "Neutral". (NASDAQ:ESPR) to report earnings on February, 28. (NYSE:CHGG) on Sunday, October 1.

Among 13 analysts covering Chegg Inc (NYSE:CHGG), 12 have Buy rating, 0 Sell and 1 Hold. Jefferies has "Underperform" rating and GBX 400 target. BMO Capital Markets maintained the stock with "Buy" rating in Thursday, August 31 report. The firm has "Outperform" rating given on Tuesday, May 2 by Raymond James. The stock has "Overweight" rating by Barclays Capital on Tuesday, January 31. As per Wednesday, June 28, the company rating was upgraded by BMO Capital Markets. The firm has "Outperform" rating by Credit Suisse given on Friday, December 11. The stock has "Outperform" rating by Barrington Research on Thursday, September 29.

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