By Kuldip K. Ambastha<\/p>\n\n\n\n
Anaplan, Inc. (PLAN<\/a>), a business planning software company, was in the headlines during the past trading week. This company was founded in 2006, became a privately held unicorn (valued at $1 billion) in 2016, and went public in 2018. A private equity firm will be acquiring Anaplan in full for $10.7 billion ($66 per share), after shareholder activists took note of Anaplan in the recent past. After a formal announcement was made on this front, the shares of Anaplan rose by +27.7% for the trading day of Monday, March 21, 2022. No one knows what the future may hold, but for now Anaplan is returning to the status of being privately held after a brief duration in the public sphere.<\/p>\n\n\n\n Keywords – Anaplan, Inc.<\/a>, Anaplan<\/a>, PLAN<\/a>, business planning software<\/a>, private equity<\/a>, private<\/a>, public<\/a>, Initial Public Offering<\/a>, IPO<\/a>, unicorn<\/a>, technology<\/a>, tech<\/a>, shareholder activism<\/a>.<\/p>\n\n\n\n Disclosure – The principals and clients of Ambastha Financial LLC have no positions in PLAN<\/a>.<\/p>\n\n\n\n Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted \u00a9 2022 – Ambastha Financial LLC.<\/p>\n\n\n\n CONTACT US<\/strong><\/p>\n\n\n