SPAR Group to be Acquired by Highwire Capital in a $58.22 Million Cash Deal

Marketing services provider SPAR Group, Inc. (SGRP) on September 3, 2024, entered into a definitive merger agreement to be acquired by investment firm Highwire Capital for about $58.22 million in cash.

Deal Structure:

As per the agreement terms, SPAR stockholders will receive $2.50 per share in cash, representing a premium of 72.41% from the stock’s last close.

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