Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

Hemisphere Media Group (HMTV) received a non-binding proposal from unidentified “Company E”

  • September 3, 2022


StockHemisphere Media Group, Inc.SymbolHMTV
Date Announced09/02/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person Company E

According to an a filing, Hemisphere Media Group Inc (HMTV) received a non-binding proposal from unidentified “Company E” to purchase the company for $7.25 in cash and $1.75 in the form of registered, freely tradeable shares of publicly traded common stock of the combined post-transaction company.

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.