Unlisted companies can be just as dynamic as their larger, listed peers. Three of the companies I have profiled recently announced major corporate actions that deserve attention. ALJ Regional Holdings - ALJJ ALJ Regional Holdings successfully completed the sale of its operating subsidiary, KES Acquisition Company to Optima Specialty Steel for $112.5 million in cash. ALJ completed its previously announced tender offer on February 8, accepting 30 million shares at 84 cents. 90.8% of shares tendered were accepted for purchase. Following the tender offer, ALJ Regional holdings has 29.65 million diluted shares outstanding, with 93.8 cents per share of cash and receivables, plus tax assets.
Significant Corporate Actions for ALJJ, CVTR, ERS
Significant Corporate Actions for ALJJ, CVTR…
Significant Corporate Actions for ALJJ, CVTR, ERS
Unlisted companies can be just as dynamic as their larger, listed peers. Three of the companies I have profiled recently announced major corporate actions that deserve attention. ALJ Regional Holdings - ALJJ ALJ Regional Holdings successfully completed the sale of its operating subsidiary, KES Acquisition Company to Optima Specialty Steel for $112.5 million in cash. ALJ completed its previously announced tender offer on February 8, accepting 30 million shares at 84 cents. 90.8% of shares tendered were accepted for purchase. Following the tender offer, ALJ Regional holdings has 29.65 million diluted shares outstanding, with 93.8 cents per share of cash and receivables, plus tax assets.