Puda Coal (PUDA) Hires Financial Advisors In Connection with Preliminary Buy-Out Proposal
Get Alerts PUDA Hot Sheet
Join SI Premium – FREE
Puda Coal, Inc. (NYSE: PUDA) announced today that its Independent Committee has retained Cowen and Company, LLC and Morgan Joseph TriArtisan LLC as financial advisors in connection with the previously-announced proposed preliminary buy-out offer made by Ming Zhao, the Chairman of Puda Coal, to acquire all outstanding shares of common stock of the Company.
In response to the offer, the Board of Directors of the Company authorized the Independent Committee to review and evaluate the proposal and, if appropriate, negotiate its terms, and take any other action in connection therewith.
In response to the offer, the Board of Directors of the Company authorized the Independent Committee to review and evaluate the proposal and, if appropriate, negotiate its terms, and take any other action in connection therewith.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Snail (SNAL) Announces Resignation of Chief Strategy Officer and Chairman
- American Express (AXP) down despite beating Q1 estimates on top and bottom lines
- Nutriband (NTRB) Announces 2.1M Share Offering at $4/sh
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Morgan Joseph, Cowen & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!