Duck Creek Announces Expiration of “Go-Shop” Period

February 8, 2023

https://www.globenewswire.com/news-release/2023/02/08/2603831/0/en/Duck-Creek-Announces-Expiration-of-Go-Shop-Period.html

BOSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies (NASDAQ:DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announced the expiration of the 30-day “go-shop” period under the terms of the previously announced definitive merger agreement, pursuant to which Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, will acquire Duck Creek for $19.00 per share, in an all-cash transaction valued at approximately $2.6 billion. The “go-shop” period expired at 11:59 p.m. (Eastern Time) on February 7, 2023.

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