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Coupa stock skyrocketed. It is being purchased by Thoma Bravo for $8 billion.



Coupa software

Shares surged after the spending software company announced that it had signed a definitive agreement to be acquired by private equity firm Thoma Bravo in an $8 billion cash transaction. la.

The sale includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority, according to a news release. release.

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