Synacor downgraded by Lake Street Capital
$SYNC
Computer Software: Programming, Data Processing
Technology
Lake Street Capital downgraded Synacor from Buy to Hold
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4 - Synacor, Inc. (0001408278) (Issuer)
4 - Synacor, Inc. (0001408278) (Issuer)
4 - Synacor, Inc. (0001408278) (Issuer)
Lake Street Capital downgraded Synacor from Buy to Hold
Craig Hallum downgraded Synacor from Buy to Hold
Canaccord Genuity resumed coverage of Synacor with a rating of Hold and set a new price target of $2.20
NEW YORK--(BUSINESS WIRE)--Synacor, Inc. (Nasdaq: SYNC) (“Synacor”), today announced that Centre Lane Partners (“Centre Lane”), a private investment firm that invests in the equity and debt of middle market companies in North America, has successfully completed its affiliate’s tender offer to purchase all of the outstanding shares of common stock of Synacor, Inc. for $2.20 per share in cash, without interest and subject to any required withholding taxes, net to the seller in cash. The tender offer was made pursuant to an Offer to Purchase, dated March 3, 2021, and in connection with the Agreement and Plan of Merger, dated February 10, 2021, among affiliates of Centre Lane and Synaco
BUFFALO, N.Y.--(BUSINESS WIRE)--Synacor, Inc. (Nasdaq: SYNC), a leading provider of cloud-based Collaboration and Identity Management software and services serving global enterprises, video, internet and communications providers, and governments, today announced its financial results for the fourth quarter and year ended December 31, 2020. Fourth Quarter Financial Highlights Revenue of $24.1 million Net income of $0.1 million and adjusted EBITDA of $3.6 million “Synacor delivered a strong end to 2020, with solid Q4 results for revenue, net income and adjusted EBITDA,” said Himesh Bhise, Synacor’s Chief Executive Officer. Recent Operating Highlights Signed agreement on Febr
BUFFALO, N.Y.--(BUSINESS WIRE)--Synacor, Inc. (Nasdaq: SYNC), a leading provider of cloud-based Collaboration and Identity Management software and services serving global enterprises, video, internet and communications providers, and governments, today announced that it has entered into a definitive agreement and plan of merger with an affiliate of Centre Lane Partners, LLC, a New York-based private investment firm, to be acquired in an all-cash transaction that values Synacor at approximately $92 million. Under the terms of the agreement, Centre Lane will commence a tender offer to acquire all of the outstanding common shares of Synacor for $2.20 in cash per share. This represents
15-12B - Synacor, Inc. (0001408278) (Filer)
S-8 POS - Synacor, Inc. (0001408278) (Filer)
S-8 POS - Synacor, Inc. (0001408278) (Filer)
BUFFALO, N.Y.--(BUSINESS WIRE)--Synacor, Inc. (Nasdaq: SYNC), a leading provider of cloud-based Collaboration and Identity Management software and services serving global enterprises, video, internet and communications providers, and governments, today announced its financial results for the fourth quarter and year ended December 31, 2020. Fourth Quarter Financial Highlights Revenue of $24.1 million Net income of $0.1 million and adjusted EBITDA of $3.6 million “Synacor delivered a strong end to 2020, with solid Q4 results for revenue, net income and adjusted EBITDA,” said Himesh Bhise, Synacor’s Chief Executive Officer. Recent Operating Highlights Signed agreement on Febr
SC 13D/A - Synacor, Inc. (0001408278) (Subject)
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SC 13D/A - Synacor, Inc. (0001408278) (Subject)