Robbins Arroyo LLP: Acquisition of HomeFed Corporation (HOFD) by Jefferies Financial Group Inc. (JEF) May Not Be in Shareholders' Best Interests
Jefferies Financial Group Inc. (JEF)
Last jefferies financial group inc. earnings: 10/25 04:42 pm
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Source: Business Wire
SAN DIEGO & CARLSBAD, Calif.--(BUSINESS WIRE)-- Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of HomeFed Corporation (OTC: HOFD) by Jefferies Financial Group Inc. (NYSE: JEF). On April 15, 2019, the two companies announced the signing of a definitive merger agreement pursuant to which Jefferies will acquire the 30% of HomeFed's common stock that it does not already own. On May 2, 2019, the terms of the agreement were modified; under the terms of the modified agreement, HomeFed shareholders will receive two shares of Jefferies common stock for each share of HomeFed common stock. This represented a cash equivalent value of $42.04 as of Jefferies' closing price on February 19, 2019, the day the acquisition was proposed, and currently represents a cash equivalent value of $39.84 as of Jefferies' closing price on May 7, 2019. View this information on the law firm's S
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JEF
Earnings
- 3/27/24 - Miss
JEF
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 144
- 4/23/24 - Form 424B2
- JEF's page on the SEC website