Repay Holdings' Board Rejects Proposed $4.80/Share Acquisition Offer From Forager Capital Management
Benzinga Newsdesk 6 months ago
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Repay Holdings Corporation (NASDAQ:RPAY) ("REPAY" or the "Company"), a leading provider of integrated payment processing solutions, today announced that its Board of Directors (the "Board") unanimously rejected the
Repay Holdings Corporation (NASDAQ:RPAY) ("REPAY" or the "Company"), a leading provider of integrated payment processing solutions, today announced that its Board of Directors (the "Board") unanimously rejected the unsolicited, non‑binding proposal from Forager Capital Management, LLC ("Forager Capital"), a stockholder of the Company, to acquire the outstanding shares of the Company for $4.80 per share in cash.