Target Hospitality Receives Buyout Offer from TDR Capital
Target Hospitality Corp. (TH)
Last target hospitality corp. earnings: 3/11 04:15 pm
Check Earnings Report
Company Research
Source: PR Newswire
THE WOODLANDS, Texas, March 25, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that the Board of Directors of Target Hospitality ("the Board") has received an unsolicited non-binding proposal from Arrow Holdings S.à r.l. ("Arrow"), an affiliate of TDR Capital LLP ("TDR"), to acquire all of the outstanding shares of common stock of Target Hospitality that are not owned by any of Arrow, any investment fund managed by TDR or their respective affiliates, for cash consideration of $10.80 per share (the "Proposal").The Board intends to establish a special committee of independent directors with its own independent advisors to review the Proposal (the "Special Committee").The Board has just received the Proposal and neither the Board nor the Special Committee has had an opportunity to care
Show less
Read more
Impact Snapshot
Event Time:
TH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TH alerts
High impacting Target Hospitality Corp. news events
Weekly update
A roundup of the hottest topics
TH
News
- Target Hospitality Corp. (NASDAQ: TH) had its "hold" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $12.00 price target on the stock, down previously from $13.00.MarketBeat
- Target Hospitality announces partnership with Chard Métis Dene Group Apr. 12, 2024 7:21 AM ET By: Meghavi Singh , SA News Editor [Seeking Alpha]Seeking Alpha
- Target Hospitality Announces Partnership with Chard Métis Dene Group [Yahoo! Finance]Yahoo! Finance
- Target Hospitality Announces Partnership with Chard Métis Dene GroupPR Newswire
- Why Target Hospitality Stock Surged Higher This Week [Yahoo! Finance]Yahoo! Finance
TH
Earnings
- 3/13/24 - Beat
TH
Sec Filings
- 4/15/24 - Form 4
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- TH's page on the SEC website