Echo Lake Capital and Deerhaven Capital Offers to Acquire U.S. Global Investors (GROW) for $5.30 per share

  • June 27, 2022


StockU.S. Global Investors, Inc.SymbolGROW
Date Announced06/27/2022Source Accesswire
TypeUnsolicited BidAcquiring Company/Person Echo Lake Capital and Deerhaven Capital

Echo Lake Capital and Deerhaven Capital issued a letter to the Board of Directors of U.S. Global Investors, Inc. (GROW). The letter described a proposal to acquire all of the Company’s Class A shares for $5.30 per share.


July 03, 2022: U.S. Global Investors (GROW) rejects Proposal from Echo Lake Capital and Deerhaven Capital stating that it does not believe the Proposal provides the Company’s shareholders with appropriate value for their securities and therefore is not interested in pursuing the Proposal based on the terms submitted.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.