Boaz Weinstein, William Ackman And Marc Lasry Make $12/Share Offer For Sculptor Capital Management
Portfolio Pulse from Benzinga Newsdesk
Boaz Weinstein, William Ackman, and Marc Lasry have made a $12/share offer for Sculptor Capital Management (SCU). The company has stated that the bidder has not demonstrated adequate committed funding for any of its bids and that the proposal only includes committed financing for less than half of the required amount.
August 21, 2023 | 5:15 am
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Sculptor Capital Management has received a $12/share offer from Boaz Weinstein, William Ackman, and Marc Lasry. However, the company has concerns about the bidder's funding.
The news of the $12/share offer could potentially increase the stock price of SCU. However, the company's concerns about the bidder's funding could create uncertainty, potentially limiting any positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100