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Digital Holdings Updates Tender Offer Stance Amid Competing Bids

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Digital Holdings Updates Tender Offer Stance Amid Competing Bids

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Digital Holdings, Inc. ( (JP:2389) ) has shared an announcement.

Digital Holdings, Inc. has announced amendments to its previous statements regarding the tender offer for its shares by Hakuhodo DY Holdings Inc. The company has expressed continued support for the Hakuhodo tender offer, leaving the decision to shareholders, while also addressing a competing offer from SilverCape Investments Limited. The board has introduced response policies to mitigate potential coercion risks associated with SilverCape’s offer, emphasizing the importance of shareholder discretion in the decision-making process.

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.

Average Trading Volume: 247,539

Technical Sentiment Signal: Buy

Current Market Cap: Yen32.61B

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

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