PHILADELPHIA, Pa., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the recently announced proposed stockholder buyout of Sculptor Capital Management, Inc. (NYSE:SCU) ("Sculptor") on behalf of the company's shareholders.
On July 24, 2023, Sculptor announced that it would be acquired by Rithm Capital Corp. at a price of $11.15 per share in cash. Following the closing of the proposed transaction, Sculptor shareholders will be cashed out of their investment position.
The as agreed-to $11.15 per share buyout price appears to undervalue Sculptor's shares. For example, at the time the proposed buyout ...
SCU) Buyout and Seeks Additional Cash for SCU Shareholders>Full story available on Benzinga.com