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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (142533)	1/9/2023 9:18:57 AM
From: Goose94	Read Replies (1) \| Respond to of 202784

Canaccord Genuity Group (CF-T) management push for $1.13 Billion takeover A management-led group is looking to take independent financial services firm Canaccord Genuity private for $1.127 billion. It's an all-cash offer – $11.25 per share – that represents a premium of 30.7 per cent to Friday's closing price, and said management group says the offer is fully financed. There's also some momentum behind this, clearly – the management group already owns 21.3 per cent of the outstanding shares, and has secured the support of other shareholders that own a further 10.7 per cent of the float. The management-led group says that the public markets have placed a low value on the business, which they view as unwarranted and likely to continue should Canaccord remain a publicly-traded entity. BNN.ca