DocuSign chief says company wants to stay public after reports of private equity takeover interest

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

DocuSign CEO Allan Thygesen said the online contract-signing platform is committed to staying public after rumored takeover interest from private equity firms.

"We're focused on building a great, independent public company," Allan Tygesen, CEO of DocuSign, told CNBC in an interview this week at a partner event the firm held in London.

He added DocuSign wouldn't rule out the prospect of M&A in the future, but stressed the firm is"very focused on building a great independent company."is committed to remaining a public company and is working to convince investors of its artificial intelligence potential, CEO Allan Thygesen told CNBC, after reports suggested the firm had been the target of takeover interest from private equity suitors.

However, he stressed:"We're very focused on building a great independent company. We feel we have a huge opportunity, so that's what we're doing."The firm said it expects to take a $28 million to $32 million hit due to the restructuring plan, consisting primarily of cash expenditures for employee transition, notice period and severance payments, as well as non-cash expenses related to vesting of share-based awards.

"I think we have mostly convinced investors that there's adults in charge, they're ahead of the plan, that we've stabilized things, and now they want to see how we do with this new stuff," Thygesen said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 270. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

CEO Talks: L.L. Bean CEO Talks Importance of Summer, U.S. Market and Tote BagsL.L. Bean's fiscal 2023 sales were $1.7 million, a slight decline compared to $1.8 million for the previous fiscal year.
La source: wwd - 🏆 24. / 68 Lire la suite »