Payments software company Lightspeed says it plans to continue operating as a publicly traded company and will buy back up to $400M of stock; LSPD falls 15%+ (Stephanie Hughes/Bloomberg)

Stephanie Hughes / Bloomberg:
Payments software company Lightspeed says it plans to continue operating as a publicly traded company and will buy back up to $400M of stock; LSPD falls 15%+  —  – Board of directors ‘unanimously’ agreed not to go private  — Shares slide 16% after company announces results of review