Monday, July 20, 2020

Private equity firm Thoma Bravo has agreed to buy and take private Majesco, a New Jersey-based provider of cloud software for insurance companies, for $594M (Luisa Beltran/Barron's Online)

Luisa Beltran / Barron's Online:
Private equity firm Thoma Bravo has agreed to buy and take private Majesco, a New Jersey-based provider of cloud software for insurance companies, for $594M  —  Shares of Majesco soared more than 70% Monday on news that Thoma Bravo was taking the insurance-technology company private in a $594 million deal.



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GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers (David Shepardson/Reuters)

David Shepardson / Reuters : GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the locati...