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The Lincolnshire, Ill.-based publicly traded company had a pro forma enterprise value of $7.30 billion. Since its stock market debut, it has gained 30.9% in price to close yesterday’s trading session at $11.82.
Renowned investor Bill Foley became the Chairman of the newly formed company, resulting in optimistic analyst and retail investor sentiment. Foley stated in a CNBC interview that the “highly scalable company with real revenue and real EBITDA” has tremendous growth potential.
