Think Research Corporation (TSE:THNK) has released an update.
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Think Research Corporation has received a favorable recommendation from the advisory firm ISS for shareholders to approve a buyout deal with Beedie Capital, offering a significant premium on shares. The proposed cash transaction, set to close in the second quarter of 2024, is subject to approval from shareholders, courts, and regulatory bodies, with an upcoming special meeting scheduled for April 4, 2024. The company’s management supports the transaction, further detailed in the information circulated to shareholders for review.
For further insights into TSE:THNK stock, check out TipRanks’ Stock Analysis page.
