LOS ANGELES, November 27, 2017 – Marlin Equity Partners (“Marlin”), a global investment firm, announced today that it has entered into a definitive agreement to acquire all outstanding shares of Bazaarvoice, Inc. (Nasdaq: BV), a provider of consumer-generated content, advertising and personalization solutions, for $5.50 per share in cash.
“The Board of Directors appreciates the patience that our stockholders have shown as we’ve worked to improve our business and operations,” said Tom Meredith, chairman of the board. “The Board ultimately decided, after extensive engagement with stockholders and an extended and thorough process, that Marlin’s offer to acquire Bazaarvoice is the ...