Sculptor Capital shares are trading higher after the company announced its acquisition by Rithm Capital.
Portfolio Pulse from Benzinga Newsdesk
Sculptor Capital (SCU) shares are trading higher following the announcement of its acquisition by Rithm Capital.
July 24, 2023 | 11:38 am
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POSITIVE IMPACT
Sculptor Capital's stock is trading higher due to its acquisition by Rithm Capital.
The acquisition of Sculptor Capital by Rithm Capital has led to an increase in the trading price of SCU's shares. This is likely due to the market's positive reaction to the acquisition, which could potentially bring about financial and strategic benefits for Sculptor Capital.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100