Transom Capital Group Opens Tender Offer For All SoundThinking Shares It Doesn't Already Own At $8.00/Share In Cash Plus One CVR
The CVR represents the contractual right to receive a contingent cash payment of up to $3.00 per CVR, without interest and less any applicable tax withholding, upon the achievement of certain specified revenue
A company called Transom Capital is offering to buy all the shares of SoundThinking it doesn't own yet. The offer is eight dollars per share in cash, plus a chance to get up to three dollars more if the company hits certain money goals.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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