Swedish private equity firm EQT AB will acquire U.S.-based digital consultancy firm Perficient in a deal valued at about $3 billion in an all-cash transaction that will take the company private, the companies said in a statement on Sunday. EQT will pay $76 per share in cash to Perficient's common stockholders, the companies said, adding that the deal has been unanimously approved by Perficient's board. Tom Hogan will continue as chief executive of the digital consultancy firm that has over 40 global locations, the statement said.
Lando Norris needed 110 starts and a mistake by Max Verstappen to earn his first ever Formula 1 race on Sunday and end Verstappen's dominance at the Miami Grand Prix. Verstappen, who started from the pole and won Saturday's sprint race, was out front when he hit a chicane and knocked a cone out of place on the circuit. It forced the three-time reigning F1 champion to pit and gave Norris the lead.
The market rally made a bullish move, with Nvidia flashing a buy signal. Palantir leads five AI stocks near buy points with earnings due.