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HIL - Hill to be acquired by Godspeed Capital for $143.9M in cash
Hill International Inc.
Hill ( NYSE: HIL ) received a acquisition proposal from Godspeed Capital Management, lower middle-market Defense & Government services, solutions, and technology focused private equity firm, for $1.85/share in cash.
The price represents a premium of 11.4% over the stock's 30-day trailing average closing price (July 18, 2022).
The definitive merger agreement would not include a financing or due diligence condition.