Repay Holdings (RPAY) stock rose 20% in Monday trading after the company confirmed it received a revised unsolicited proposal from investor Forager Capital Management to acquire all outstanding shares for $5.25 each in cash.
The proposal will be reviewed by the board and its financial and legal advisers, Repay said Monday in a statement.
Price: 4.30, Change: +0.72, Percent Change: +20.11
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