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Stock impact report

Dazheng Group Reaffirms Commitment to Acquire Hollysys at US$29.50 Per Share [Yahoo! Finance]

Hollysys Automation Technologies, Ltd. (HOLI) 
Last hollysys automation technologies, ltd. earnings: 2/19 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: hollysys.investorroom.com
Company Research Source: Yahoo! Finance
Buyer Consortium's offer provides more closing certainty than the proposed Ascendent transaction Urges shareholders to vote AGAINST the proposed Ascendent transaction HONG KONG, February 03, 2024 BUSINESS WIRE )--Buyer Consortium ("the Consortium") led by Dazheng Group Acquisition Limited ("Dazheng Group") today issued the following statement reaffirming the merits of its offer to acquire Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys"). The Buyer Consortium, led by Dazheng Group, remains extremely motivated to acquire Hollysys at US$29.50 per share . This offer represents a significantly greater value proposition for Hollysys shareholders, providing an 11.3% premium to the Ascendant Capital offer. The Consortium emphasizes to Hollysys shareholders its commitment to acquire Hollysys at US$29.50 per share will remain unchanged by fluctuations in the share price of Hollysys, market conditions, or if the proposed Ascendent transaction is rejected by shareholders a Show less Read more
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