Paramount Group Board Rejects $6.95 Per Share Buyout Offer from Sponsor A

Reuters12-10
<a href="https://laohu8.com/S/PGRE">Paramount Group</a> Board Rejects $6.95 Per Share Buyout Offer from Sponsor A

Paramount Group Inc. provided an update on its previously disclosed merger agreement with Rithm Capital Corp. The company announced that on December 8, 2025, it received a revised non-binding proposal from Sponsor A to acquire all outstanding shares of Paramount Group's common stock at $6.95 per share in cash. The proposal included a draft equity commitment letter and details on potential funding sources, but lacked a debt commitment letter and comprehensive information on financing. After reviewing the offer, Paramount Group's Board determined that the proposal was not reasonably likely to lead to a superior transaction and reaffirmed its support for the existing merger agreement with Rithm Capital Corp.

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