Avantax Inc. stock was up 2.6% in premarket trades Monday after it said it agreed to be acquired by Cetera Financial Group for $26 a share in a go-private...
Avantax Inc.
stock was up 2.6% in premarket trades Monday after it said it agreed to be acquired by Cetera Financial Group for $26 a share in a go-private deal that values the wealth management and tax preparation company at $1.2 billion, including debt. The price values Avantax at a roughly 30% premium to its closing stock price on Friday of $19.95 a share.
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