Rithm Capital Inked An Amended Definitive Merger Deal To Acquire Sculptor Capital Management For $12.00 Per Sculptor Class A Share, Representing An Increase Of 7.62% Over Previously Agreed Price Of $11.15
Portfolio Pulse from Benzinga Newsdesk
Rithm Capital has signed an amended definitive merger agreement to acquire Sculptor Capital Management for $12.00 per Sculptor Class A share, which is a 7.62% increase over the previously agreed price of $11.15.
October 12, 2023 | 11:40 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Sculptor Capital Management's shareholders will benefit from the increased acquisition price by Rithm Capital.
The increased acquisition price means that Sculptor Capital's shareholders will receive more per share, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Rithm Capital's acquisition of Sculptor Capital Management at a higher price could impact its short-term financials.
The acquisition at a higher price could potentially strain Rithm Capital's financials in the short term, which may negatively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100