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Alkami launches sale process amid pressure from activist Jana

hedgeweek

1 week ago

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Digital banking software provider Alkami Technology has begun a formal sale process after attracting interest from potential buyers, putting the company firmly in play as activist investor Jana Partners continues to push for a transaction, according to a report by Reuters.
The report cites unnamed people familiar with the matter as saying that Alkami’s advisers began approaching private equity firms over the past week following unsolicited interest from prospective acquirers.
The process remains...

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