First Analysis Downgrades CommerceHub (CHUBA) to Equal Weight Following Acqusition
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CommerceHub Announces Definitive Agreement to be Acquired by GTCR and Sycamore Partners for $1.1 Billion
March 6, 2018 8:00 AM ESTALBANY, N.Y., CHICAGO and NEW YORK, March 06, 2018 (GLOBE NEWSWIRE) -- CommerceHub, Inc. (NASDAQ: CHUBA) (NASDAQ: CHUBK) (CommerceHub), GTCR (GTCR), and Sycamore Partners (Sycamore) today announced a definitive agreement whereby affiliates of GTCR and Sycamore, two leading private equity firms, will acquire all outstanding shares of CommerceHub, a leading distributed commerce network for retailers and brands.
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