Thoma Bravo Completes Acquisition of Stamps.com; Discontinuing Coverage

After shareholders approved the proposed sale of Stamps.com (STMP) for $6.6 billion in cash, Thoma Bravo completed its acquisition of the company. Shares of Stamps.com have ceased trading and will be de-listed. With the closing of the transaction, we are discontinuing coverage of Stamps.com. Our final price target was $330.00, matching the sale price to Thoma Bravo.

Our report with model and disclosures is available here.