TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

MarketWise, Inc. Announces Receipt of Unsolicited Proposal

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Marketwise Investor Relations
MarketWise, Inc. Announces Receipt of Unsolicited Proposal

MarketWise announced receiving a proposal from Monument & Cathedral Holdings to acquire all outstanding equity interests for $17.25 per share, contingent on terminating a tax receivable agreement. The company's Board of Directors is reviewing the proposal.

Insights
MKTW   neutral

The proposal represents a potential significant transaction, but the outcome is uncertain and the company is still reviewing the offer