Avantax Enters Definitive Agreement To Be Acquired By Cetera Holdings For $26/Share In Cash
Portfolio Pulse from Bill Haddad
Avantax has entered into a definitive agreement to be acquired by Cetera Holdings for $26 per share in cash.
September 11, 2023 | 12:31 pm
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Avantax is to be acquired by Cetera Holdings for $26 per share in cash, which may impact its stock price.
The acquisition of Avantax by Cetera Holdings at $26 per share in cash is a significant event for the company. This could potentially lead to an increase in the stock price as shareholders may see this as a positive development. The certainty of the impact is high as the acquisition price is set and the agreement is definitive.
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IMPORTANCE 100
RELEVANCE 100