IT services company Presidio to go private in $2 billion deal
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(Reuters) - IT services company Presidio Inc said on Wednesday it would be taken private by BC Partners in a $2 billion (1.65 billion pounds) all-cash deal, as the European buyout fund looks to expand its footprint in the cybersecurity space.Presidio stockholders will receive $16 in cash for each share they own, representing a premium of 21.3% to Presidio's closing price on Tuesday.The deal, which is expected to close in the fourth quarter of 2019, includes a 40-day "go-shop" period, which..