Who is selling or holding MTTR after acquisition? What are you thinking?19813
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WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
WGAN Question of the Day (All) Question of the Day: What are you telling your clients about CoStar's definitive agreement to acquire Matterport? Hi All, The WGAN Forum Question of the Day for Tuesday, May 7, 2024: === Quote: Originally Posted by @3DPhoto === Best, Dan |
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Fathom3D private msg quote post Address this user | ||
If the acquisition goes through, MTTR stock won't exist anymore. Each share you hold will be bought from you for $2.75 in cash and $2.75 in CoStar stock, at whatever value CoStar stock has at the time. If you hold the CoStar stock, its value will be tied to the company overall, not just Matterport, which would be a division of CoStar. I have some MTTR shares that I'll probably hold until the acquisition. After that, who knows. |
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