Dentalcorp Receives Proxy Advisor Support for GTCR Acquisition

dentalcorp Holdings ( (TSE:DNTL) ) has shared an update.

Dentalcorp Holdings has announced that proxy advisory firms ISS and Glass Lewis recommend shareholders vote in favor of a proposed arrangement where GTCR LLC will acquire all of Dentalcorp’s voting shares for $11.00 per share in cash. This transaction, which excludes shares owned by key executives and partner dentists participating in a rollover opportunity, is supported by the company’s board and a special committee, highlighting its fairness and alignment with the company’s best interests.

The most recent analyst rating on (TSE:DNTL) stock is a Hold with a C$11.00 price target. To see the full list of analyst forecasts on dentalcorp Holdings stock, see the TSE:DNTL Stock Forecast page.

Spark’s Take on TSE:DNTL Stock

According to Spark, TipRanks’ AI Analyst, TSE:DNTL is a Neutral.

dentalcorp Holdings’ overall stock score is primarily driven by its strong technical indicators, suggesting bullish momentum. However, the company’s financial performance is hindered by profitability challenges, which impacts its valuation negatively. The absence of earnings call data and corporate events means these factors do not influence the score.

To see Spark’s full report on TSE:DNTL stock, click here.

More about dentalcorp Holdings

Dentalcorp Holdings Ltd. operates in the dental services industry, focusing on providing comprehensive dental care through its network of clinics across Canada. The company partners with leading dentists to deliver high-quality dental services and aims to expand its market presence through strategic acquisitions and partnerships.

Average Trading Volume: 530,824

Technical Sentiment Signal: Buy

Current Market Cap: C$2.18B

See more insights into DNTL stock on TipRanks’ Stock Analysis page.