Sculptor Capital Management Says Not Clear When Consortium Would Be Ready To Execute Transaction, Whether Agreement Can Be Reached; As Of Oct. 24, Consortium's $13.50 Proposal Must Be Evaluated On A Risk- And Timing-Adjusted Basis
Portfolio Pulse from Benzinga Newsdesk
Sculptor Capital Management has announced that it is uncertain when a consortium would be ready to execute a transaction, or if an agreement can be reached. As of October 24, the consortium's $13.50 proposal must be evaluated on a risk- and timing-adjusted basis, according to an SEC filing.
October 25, 2023 | 1:36 pm
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Sculptor Capital Management's potential transaction with a consortium is uncertain, which may affect the company's stock price.
The uncertainty surrounding the potential transaction with the consortium could lead to volatility in Sculptor Capital Management's stock price. Investors may react negatively to the uncertainty, potentially leading to a decrease in the stock price.
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IMPORTANCE 75
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