The Special Committee Of The Gohealth Board Of Directors Has Rejected The $20/Share Unsolicited, Non-binding Proposal Received In May From Its Two Largest Stockholders, Saying It Undervalues The Company
Portfolio Pulse from Benzinga Newsdesk
The Special Committee of the GoHealth Board of Directors has rejected a $20/share unsolicited, non-binding proposal received in May from its two largest stockholders, stating it undervalues the company.
August 10, 2023 | 10:26 am
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GoHealth's board rejected a $20/share proposal from its largest stockholders, potentially leading to short-term uncertainty in the stock's price.
The rejection of the proposal by GoHealth's board indicates a disagreement about the company's valuation. This could lead to short-term uncertainty as investors reassess the company's value and future prospects.
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