tiprankstipranks
ZoomerMedia to Go Private with Premium Offer
Company Announcements

ZoomerMedia to Go Private with Premium Offer

Story Highlights

Zoomermedia (TSE:ZUM) has released an update.

Don't Miss our Black Friday Offers:

ZoomerMedia Limited is set to become a private entity, as it enters a definitive agreement led by Moses Znaimer and a Shareholder Group, offering a substantial premium over the recent trading prices for the acquisition of all minority shares. The privatization transaction is backed by significant shareholders and affiliates, including Fairfax Financial Holdings and COO Omri Tintpulver, ensuring a solid financial footing for the deal.

For further insights into TSE:ZUM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskZoomerMedia Reschedules Shareholders Meeting on Privatization
TipRanks Canadian Auto-Generated NewsdeskZoomerMedia Faces Challenges in 2024 Q3 Financials
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App