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Osirium Technologies – “pleased to announce” recommended offer, how ‘pleasing’ is it for shareholders?…

By Steve Moore | Wednesday 30 August 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Osirium Technologies (OSI) is “pleased to announce… agreement on the terms and conditions” of an offer from identity security business SailPoint Technologies which it emphasises “represents a premium of approximately 95.83 per cent. to the closing price… on 29 August 2023”. Good news for shareholders then?
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