MDC Holdings (MDC) has disclosed a new risk, in the Corporate Activity and Growth category.
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MDC Holdings faces significant risk should the anticipated Merger fail to materialize within the expected timeframe, or at all. Various factors, potentially outside the company’s control, could derail the Merger, leaving stockholders without the expected payment for their shares. Should the Merger collapse, MDC Holdings would continue as an independent entity on the NYSE, but may suffer from negative market reactions, adverse publicity, and substantial Merger-related costs without any of the anticipated benefits. These conditions could distract management, limit strategic opportunities, and materially affect MDC Holdings’ financial health and stock value.
The average MDC stock price target is $54.33, implying -13.18% downside potential.
To learn more about MDC Holdings’ risk factors, click here.
