Vista Equity to buy Mindbody for $1.9B as it raises $16B buyout fund
December 31, 2018 at 09:00 AM EST
Vista will pay $36.50 per share in cash, or about $1.9 billion, for Mindbody (Nasdaq: MB), which has developed a suite of digital tools for gyms, spas and other fitness businesses, according to a Dec. 23 regulatory filing. That's slightly more than what shares were valued at recently.