Private equity firm Thoma Bravo this week agreed to buy mortgage software giant Ellie Mae for roughly $3.7 billion in cash, a price some believe is too expensive based on the vendor’s declining revenue base.
The share price of mortgage software giant Ellie Mae took off like a rocket early this week after rumors began swirling around the industry that the company is pondering a sale.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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