Rithm Capital To Acquire Sculptor Capital Management For $639M, Which Includes $11.15/Share Of Sculptor
Portfolio Pulse from Benzinga Newsdesk
Rithm Capital is set to acquire Sculptor Capital Management for $639 million, which includes $11.15 per share of Sculptor.
July 24, 2023 | 10:47 am
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POSITIVE IMPACT
Rithm Capital's acquisition of Sculptor Capital Management could potentially increase its assets and market presence.
Acquisitions often lead to an increase in assets and market presence. Given the size of the deal, it's likely to have a significant impact on Rithm Capital.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Sculptor Capital Management's shareholders could benefit from the acquisition deal, receiving $11.15 per share.
Shareholders often benefit from acquisition deals as they receive a premium for their shares. In this case, Sculptor Capital Management's shareholders are set to receive $11.15 per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100