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DocuSign is working with advisers to discover a sale, which could possibly be one of many largest leveraged buyouts in latest instances, the Wall Street Journal reported on Friday, citing individuals conversant in the matter.
Shares of the corporate rose practically 15% to $64.53 following the information.
The firm, which offers digital signature merchandise, may entice curiosity from personal fairness corporations and expertise corporations, the report stated.
DocuSign declined to touch upon the WSJ report.
The firm has a market capitalization of $11.44 billion, primarily based on its final closing value, based on information from LSEG.
Discussions are in early levels and there are not any ensures a deal shall be reached, the WSJ report stated.
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First revealed on: 18-12-2023 at 09:13 IST
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