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Digital Holdings Responds to SilverCape’s Tender Offer Proposal

Story Highlights
  • Digital Holdings, Inc. is in the advertising industry, focusing on digital marketing.
  • The company is concerned about SilverCape’s tender offer’s coercive nature and funding uncertainty.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Digital Holdings Responds to SilverCape’s Tender Offer Proposal

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Digital Holdings, Inc. ( (JP:2389) ) has provided an update.

Digital Holdings, Inc. has announced its response policies concerning a tender offer proposal by SilverCape Investments Limited, which aims to acquire a significant portion of the company’s shares. The company expresses concerns about the coercive nature of the offer, the lack of specificity in SilverCape’s management plans, and the uncertainty of the funding sources for the acquisition, which may impact shareholders’ decisions.

The most recent analyst rating on (JP:2389) stock is a Buy with a Yen2583.00 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 in the advertising industry, focusing on digital marketing and related services. The company is listed on the TSE Prime Market and is led by President Daisuke Kanazawa.

Average Trading Volume: 248,416

Technical Sentiment Signal: Buy

Current Market Cap: Yen36.19B

For detailed information about 2389 stock, go to TipRanks’ Stock Analysis page.

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