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Target Hospitality Reports Formation Of Special Committee Comprised Of Independent Directors

Benzinga ·  Apr 29 19:07

As previously disclosed, on March 25, 2024, Target Hospitality received an unsolicited non-binding proposal from Arrow Holdings S.à r.l., an affiliate of TDR Capital LLP, to acquire all of the outstanding shares of common stock of Target Hospitality that are not owned by any of Arrow, any investment fund managed by TDR or their respective affiliates, for cash consideration of $10.80 per share.

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