(Reuters) – Anaplan Inc said on Monday private-equity firm Thoma Bravo had lowered its takeover offer for the software maker to $9.60 billion from $10.7 billion.
Anaplan’s shares, which have risen nearly 44% this year, were down about 4% in premarket trading.
The company’s shareholders will now receive $63.75 per share, compared with the previous offer of $66.
(Reporting by Chavi Mehta in Bengaluru; Editing by Anil D’Silva)