Enstar Announced The Expiration Of The 35-day "go-shop" Period As Provided In The Previously Announced Definitive Merger Agreement, Pursuant To Which Sixth Street, A Leading Global Investment Firm, Will Acquire Enstar For $5.1B
Portfolio Pulse from Benzinga Newsdesk
Enstar has announced the expiration of the 35-day 'go-shop' period related to its merger agreement with Sixth Street, a global investment firm. Sixth Street will acquire Enstar for $5.1 billion.
September 04, 2024 | 11:16 am
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Enstar's merger agreement with Sixth Street has progressed with the expiration of the 'go-shop' period, indicating a step closer to the $5.1 billion acquisition.
The expiration of the 'go-shop' period suggests that Enstar is moving forward with the acquisition by Sixth Street, which is a significant development in the merger process. This is likely to positively impact ESGR's stock price in the short term as it indicates progress towards the completion of the deal.
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