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An announcement from Jaws Mustang (JWSM) is now available.
Jaws Mustang Acquisition Corporation and investment entities affiliated with Starwood Capital Group have announced a non-binding letter of intent for a potential business combination, involving a portfolio of prestigious hotels. This merger, subject to negotiation and regulatory approval, could result in the combined entity being listed on a national securities exchange. While further details and a definitive merger agreement are expected soon, there’s no certainty that the transaction will occur as anticipated or at all.
For a thorough assessment of JWSM stock, go to TipRanks’ Stock Analysis page.