UPDATE: Stifel Terminates Coverage on Active Network as Acquisition by Vista Partners is Complete

In a report published Monday, Stifel analyst George Askew terminated coverage on Active Network (NYSE: ACTV).

In the report, Stifel noted, “We are dropping coverage of The Active Network, Inc. because the company's acquisition by Vista Equity Partners for $14.50 per share in cash has closed. Our final rating on the shares of Active Network was Hold.”

Active Network closed on Friday at $14.49.