Daniel M. Negari made a proposal to acquire 94% stake in Creative Media & Community Trust Corporation (NasdaqGM:CMCT) from The Insight Trust and others for approximately $190 million on April 17, 2023. Negari proposed to acquire shares of Creative Media & Community Trust Corporation, not already owned by, The 1 8 999 Trust and XYZ LLC, for $8.88 per Share in cash. Proposal is conditioned upon satisfactory completion of due diligence typical for a transaction of this type, obtaining all necessary consents and approvals, waivers of any Company anti-takeover provisions and the execution of a definitive agreement containing customary terms and conditions for a transaction of this type and size.
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5-day change | 1st Jan Change | ||
2.52 USD | -1.56% | -4.91% | -31.71% |
EPS Revisions
1st Jan change | Capi. | |
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-31.71% | 58.33M | |
-12.94% | 9.69B | |
-5.73% | 6.34B | |
-11.98% | 4.9B | |
-12.16% | 4.59B | |
-1.24% | 4.1B | |
+8.66% | 4.02B | |
-21.29% | 3.7B | |
+22.03% | 3.61B | |
-17.40% | 3.11B |
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- Daniel M. Negari made a proposal to acquire 94% stake in Creative Media & Community Trust Corporation from The Insight Trust and others for approximately $190 million.