Stockholders to Receive $27.05 Per Share in Cash Transaction Represents 32.1% Premium to Avid’s Unaffected Share Price on May 23, 2023 Avid to Become a Privately Held Company Upon Completion of the Transaction Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that it has entered into a … Continue reading Avid Technology Enters into Definitive Agreement to Be Acquired by an Affiliate of STG for $1.4 Billion