POTENTIAL DEAL DETAILS
|Date Announced||05/09/2022||Source||Press Release|
|Type||Unsolicited Bid||Acquiring Company/Person||Greater Heights LLC|
|Date of Confirmation:||07/28/2022||Price at Confirmation:||$0.58|
|Potential Profit:||3.57%||Annualized Profit:||16.29%|
RealNetworks, Inc. (RNWK), an emerging leader in AI-based software and solutions, announced that it has received an unsolicited, non-binding proposal from Robert Glaser, RealNetworks’ Founder, Chairman and Chief Executive Officer to acquire all of the outstanding shares of common stock of RealNetworks not currently owned by Mr. Glaser and his affiliates at a purchase price of $0.67 per share in cash, subject to certain conditions.
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