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CAI shares soared nearly 45% in pre-market,as it has agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc.

Tiger Newspress2021-06-18

CAI shares soared nearly 45% in pre-market,as it has agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc.

The deal consists of $104 million worth of preferred stock and $986 million of common stock equity value, and has an enterprise value of $2.9 billion, CAI said on Thursday.

Mitsubishi HC Capital has offered $56 per share in cash according to the company's statement, marking a 46.8% premium over CAI's last closing price.

The deal has been unanimously approved by CAI's board of directors, the company said, adding that shares of CAI will no longer be listed on the New York Stock Exchange after the deal is completed.

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Comment75

  • Khairul0802
    ·2021-06-19
    Wow
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  • FU5591
    ·2021-06-19
    nice
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  • drago
    ·2021-06-19
    Wow
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  • WEEWIN
    ·2021-06-18
    ?
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    • Moneyney
      [微笑]
      2021-06-19
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  • Wenxuannoon
    ·2021-06-18
    [Shy] 
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  • joezet
    ·2021-06-18
    Followme pls
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  • Meshaarias72
    ·2021-06-18
    Like n comment pls
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    • cozyli
      ok pls like back. ty
      2021-06-18
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  • Owlnayl
    ·2021-06-18
    Wow
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  • Yinasim
    ·2021-06-18
    With 45% rise in Pre-market, no room for profit
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  • MT23
    ·2021-06-18
    Great news!
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  • HUIXIN
    ·2021-06-18
    Nice 
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  • Cam20
    ·2021-06-18
    Comment 
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    • Squ00Replying toCarolir
      [Happy]
      2021-06-18
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    • Ragna
      hello
      2021-06-18
      Reply
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    • CarolirReplying toCam20
      .
      2021-06-18
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    View more 2 comments
  • AllGetRich
    ·2021-06-18
    Nice
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  • Gurubhagavan
    ·2021-06-18
    Great ariticle, would you like to share it?
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    • Fiona888
      liked and commented. Could you please also help me to like and comment my first post from my profile. https://www.laohu8.com/m/post/166838064?lang=en_
      2021-06-18
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  • Skyfishhh
    ·2021-06-18
    Woahhh
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  • henghm
    ·2021-06-18
    Like and comment
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    • Rickrick99
      Liked
      2021-06-19
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    • Superhuat
      Liked and comment
      2021-06-18
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    • Fiona888
      liked and commented. Could you please also help me to like and comment my first post from my profile. https://www.laohu8.com/m/post/166838064?lang=en_
      2021-06-18
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    View more 1 comments
  • AS78
    ·2021-06-18
    Wow. Who is the lucky shareholder? [財迷] [財迷] [財迷] 
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    • Fiona888
      liked and commented. Could you please also help me to like and comment my first post from my profile. https://www.laohu8.com/m/post/166838064?lang=en_
      2021-06-18
      Reply
      Report
  • Garytan80
    ·2021-06-18
    Good
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  • BigBigBigGum
    ·2021-06-18
    Good good, very good!
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  • xzwanting
    ·2021-06-18
    Nice 
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