SCU - Weinstein-Ackman Backed Consortium Increases Sculptor Capital Bid Challenging Rithm | Benzinga

In a new turn of events, Boaz Weinstein and his consortium of esteemed investors, including William Ackman and Marc Lasry, have enhanced their bid for Sculptor Capital Management (NYSE: SCU). 

The updated offer at approximately $13 per share surpasses their earlier proposal, potentially outpacing the standing agreement with Rithm Capital Corp (NYSE: RITM).

Weinstein's reinvigorated bid, marked at nearly a 60-cent increase from its initial proposal, places the esteemed investor and his coalition in a formidable position to seize Full story available on Benzinga.com