Daniel M. Negari made a proposal to acquire 94% stake in Creative Media & Community Trust Corporation (NasdaqGM:CMCT) from The Insight Trust and others for approximately $190 million on April 17, 2023. Negari proposed to acquire shares of Creative Media & Community Trust Corporation, not already owned by, The 1 8 999 Trust and XYZ LLC, for $8.88 per Share in cash. Proposal is conditioned upon satisfactory completion of due diligence typical for a transaction of this type, obtaining all necessary consents and approvals, waivers of any Company anti-takeover provisions and the execution of a definitive agreement containing customary terms and conditions for a transaction of this type and size.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
3.065 USD | +0.16% | +1.49% | -16.94% |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-16.94% | 69.84M | |
-11.14% | 9.79B | |
-4.58% | 6.33B | |
-8.07% | 5.1B | |
-10.96% | 4.78B | |
-4.23% | 4.08B | |
+7.29% | 3.96B | |
-14.38% | 4B | |
-5.80% | 3.56B | |
+17.20% | 3.43B |
- Stock Market
- Equities
- CMCT Stock
- News Creative Media & Community Trust Corporation
- Daniel M. Negari made a proposal to acquire 94% stake in Creative Media & Community Trust Corporation from The Insight Trust and others for approximately $190 million.