Whole Earth Brands shares are trading higher after a 13D filing showed Martin Franklin delivered a non-binding proposal to Mr. Irwin Simon, the Executive Chairman of the board of directors of Whole Earth, to acquire the company for $4 per share in cash.
Portfolio Pulse from Benzinga Newsdesk
Whole Earth Brands received a non-binding proposal from Martin Franklin to acquire the company for $4 per share in cash, according to a 13D filing.
June 26, 2023 | 12:28 pm
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Whole Earth Brands' stock is trading higher after a non-binding proposal from Martin Franklin to acquire the company for $4 per share in cash.
The non-binding proposal from Martin Franklin to acquire Whole Earth Brands for $4 per share in cash has led to an increase in the company's stock price. Investors may see this as a positive development, indicating potential growth and value in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100