Special Committee concludes review of Carlson Capital’s non-binding proposal – QNT Press Release


Dallas, January 5, 2022 /PRNewswire/–SWK Holdings Corporation (NASDAQ:Southwest corner) (“Company” or “SWK”) today announced that the special committee of the company’s board of directors (the “Special Committee”) has completed its investigation of non-binding proposals received from funds managed by Carlson Capital, LP. “Carlson Capital”) acquires all SWK shares not yet owned by Carlson Capital.

Regarding the review and consideration of Carlson Capital’s proposal, the Special Committee and its advisors discussed with Carlson Capital and its advisors. Based on this, the Special Committee provided feedback to Carlson Capital and exchanged counter-proposals with Carlson Capital. As a result of these discussions, the Special Committee concluded that it was unable to reach an agreement with Carlson Capital on Carlson Capital’s latest transaction. 20.20 USD Based on other economic and non-economic terms of the share proposal, the special committee decided to dissolve it.

The full story can be found on Benzinga.com



Source link

Recommended For You

About the Author: News Center