IClick Interactive Asia Group Enters Into A Definitive Merger Agreement With TSH Investment Holding and TSH Merger Sub For Going-Private Transaction; Deal Expected To Close In First Quarter of 2024
Portfolio Pulse from Benzinga Newsdesk
IClick Interactive Asia Group has entered into a definitive merger agreement with TSH Investment Holding and TSH Merger Sub for a going-private transaction. The deal is expected to close in the first quarter of 2024.
November 24, 2023 | 12:20 pm
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IClick Interactive Asia Group has agreed to a going-private transaction with TSH Investment Holding and TSH Merger Sub, with the deal anticipated to be finalized in Q1 2024.
The announcement of a going-private transaction typically leads to a positive short-term impact on the stock price of the company being acquired, as it often comes with a premium over the current trading price. Investors may react positively to the news, anticipating a payout at the completion of the deal.
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