India, Aug. 13 -- Accelerant Holdings (ARX) shares surged more than 43% Thursday after the specialty insurance technology company announced a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction valued at more than $4 billion.

The stock is currently trading at $19.52, up $5.91 or 43.41%, on the NYSE. It opened at $19.61 after closing the previous session at $13.61. The stock has traded between $9.18 and $30.48 over the past 52 weeks.

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