South Mountain Files Prelim Proxy on Billtrust Merger

Kensington

A vote of South Mountain shareholders is expected on the merger by year’s end. The preliminary proxy outlines shares to be issued in the transaction, listing on the Nasdaq and other issues related to the proposed merger. Billtrust provides B2B accounts receivable solutions. The transaction would give Billtrust pro forma equity of $1.5 billion. Read more.

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