The Deals: Avid Technology Acquired for $1.4B; Questlove & Black Thought Take the North Road

An affiliate of private equity firm STG completed its acquisition of Avid Technology in an all-cash transaction valued at approximately $1.4 billion. The acquisition, previously announced on Aug. 9, was approved by Avid stockholders on Nov. 2. Under the terms of the deal, Avid stockholders will…

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