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Quotient Announces Expiration Of Hart-Scott-Rodino Waiting Period For Acquisition By Neptune Retail Solutions

PRIVATEAug 01, 2023almost 3 years ago

Acquiring Company

Neptune Retail Solutions

Acquired Company

Quotient Technology

Salt Lake City

Description

Quotient (NYSE: QUOT), a leading digital promotions and media technology company, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (the “HSR Act”), with respect to the previously announced agreement for Quotient to be acquired by Neptune Retail Solutions (NRS) for $4.00 per share in cash.

Company Information

Company

Neptune Retail Solutions

Predictive Intelligence
Strategic

ML-powered predictions for Neptune Retail Solutions's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed