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Digital Holdings, Inc. ( (JP:2389) ) has provided an announcement.
Digital Holdings, Inc. has announced the continuation of its response policies concerning a tender offer by SilverCape Investments Limited. The company aims to engage in negotiations to prevent its shareholders from becoming minority stakeholders due to the coercive nature of the tender offer. Despite receiving an amended proposal from SilverCape, which includes a potential second tender offer, the company’s Special Committee advises maintaining the response policies to protect shareholder interests, as the proposal still poses risks without sufficient information for shareholders to make informed decisions.
The most recent analyst rating on (JP:2389) stock is a Hold with a Yen2237.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.
More about Digital Holdings, Inc.
Digital Holdings, Inc. operates within the technology sector, focusing on digital solutions and services. The company is listed on the TSE Prime Market under the stock code 2389.
Average Trading Volume: 247,539
Technical Sentiment Signal: Buy
Current Market Cap: Yen32.61B
For an in-depth examination of 2389 stock, go to TipRanks’ Overview page.