Target Hospitality Aktie
WKN DE: A2PFFD / ISIN: US87615L1070
25.09.2024 15:13:22
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Target Hospitality Reports Conclusion Of Evaluation Process Of TDR Offer
(RTTNews) - Target Hospitality (TH) said its Board has determined to disband the Special Committee of the Board, which it had established to consider and evaluate the previously announced unsolicited non-binding offer, received on March 24, 2024, from Arrow Holdings, an affiliate of TDR Capital LLP, to acquire all of the outstanding shares of common stock of Target not owned by Arrow, any investment fund managed by TDR or their respective affiliates, for $10.80 per share.
In connection with its review of the TDR Offer, the Special Committee launched a formal process to solicit offers for Target Hospitality and invited Arrow to participate in such a process. Arrow did not reaffirm the TDR Offer. Following the previously announced loss of a contract, no formal offers were received.
Given the operating results to date, Target Hospitality reaffirmed 2024 guidance.

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Aktien in diesem Artikel
Target Hospitality Corp Registered Shs | 8,18 | -3,54% |
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