Seer Receives Improved $2.55/Share Acquisition Proposal From 7.7% Stockholders Bradley L. Radoff and Michael Torok, The Radoff-JEC Group
Proposal Provides Stockholders $2.55 per Share in Cash, a 51% Premium to the Unaffected Share Price and 29% Premium to the Current Share Price, as Well as Potential Additional Value from the Sale of Seer’s Assets via a
Two owners of Seer want to buy the whole company for $2.55 per share, which is much more than what the stock costs right now. When someone offers to pay a lot more than the current price, it usually means they see hidden value in the company that others might not see yet.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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