Priority Technology Holdings Receives Take-Private Proposal from CEO

Reuters11-12
Priority Technology Holdings Receives Take-Private Proposal from CEO

Priority Technology Holdings, Inc. has formed a special committee of independent directors to evaluate a preliminary, non-binding proposal from Thomas Priore, the company's Chairman and CEO, to acquire all outstanding shares of Priority's common stock not already owned by him. The proposed cash consideration ranges from $6.00 to $6.15 per share. The committee will also consider potential strategic alternatives to the proposal. There is no assurance that a definitive offer will be made, accepted, or completed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Priority Technology Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001653558-25-000130), on November 12, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment