Monotype Imaging Holdings Inc. (NasdaqGS:TYPE) will look for alternative acquisition proposals. HGGC LLC entered into a definitive agreement to acquire Monotype for approximately $820 million. Under the terms of the merger agreement, Monotype's Board of Directors, with the assistance of its financial advisor, will conduct a 30-day "go-shop" process following the date of the announcement of the merger agreement, during which it will actively initiate, solicit, encourage and evaluate alternative acquisition proposals, and potentially enter into negotiations with any parties that offer alternative acquisition proposals.