Madison Dearborn Partners plans to acquire USCF parent company Marygold, Tim Rotolo will become CEO, Wu Blockchain Deep Dive Edition
Wu Blockchain has learned that private equity firm Madison Dearborn Partners announced it has reached a definitive acquisition agreement with The Marygold Companies (NYSE American: MGLD). Marygold shareholders will receive $2 cash per share, representing a 100% premium over the pre-announcement share price. The transaction will provide capital investment to Marygold’s wholly-owned subsidiary, ETF management platform USCF. Tim Rotolo will become CEO of Marygold and will work with MDP and the USCF management team to drive the expansion of the ETF platform. The transaction has not yet been closed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dom Kwok to XRP Holders: Next Bull Market Will Be the Biggest We’ve Ever Seen
SUI Price Reclaims $1 as Analysts Watch $1.50 Resistance
Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
Crypto prices
More
