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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (66910)2/24/2022 8:18:09 AM
From: E_K_S  Respond to of 78958
 
South Jersey Industries (SJI) PRE-MARKET 34.50 +11.02 (+46.93%)

South Jersey Industries, Inc. Enters Into Agreement To Be Acquired By The Infrastructure Investments Fund

FOLSOM, NJ, and NEW YORK, February 24, 2022 – South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, today announced that they have entered into a definitive agreement under which IIF will purchase SJI for $36.00 per share in cash, reflecting an enterprise value of approximately $8.1 billion.


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