thank you
At enterprise value of $258M, it is not a huge deal against LMN's market cap of $7.3B, but is significant. It is also quite a large premium (70%) but LMN must feel it can work at this price. Assuming future deals can be done at lower premiums (probable), it does open up new opportunities for LMN, if they can make more publci company transactions. Now, LMN has bought divisions from SNCR in the past (2023) so it is a known entity, so it likely had more confidence in rolling the balance of the company into its fold. But the market likes the deal, and it looks good to us as well (as usual, financial metrics were not disclosed). SNCR has a 25-year history and we would expect a smooth integration. One deal does not make a trend, but overall this looks positive to us on many levels.