BEST Inc. Announces Completion of Going Private Transaction
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BEST Inc. has completed its merger with Phoenix Global Partners, resulting in the company becoming a wholly owned subsidiary and ceasing to be publicly traded.
March 08, 2025 | 12:15 am
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BEST Inc. has completed its merger with Phoenix Global Partners, resulting in the company becoming a wholly owned subsidiary and ceasing to be publicly traded.
The completion of the merger means BEST Inc. is no longer a publicly traded company, which directly impacts its stock as it will no longer be available for trading on the NYSE. This is a significant event for investors as it marks the end of public trading for BEST Inc.
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