Emerald Holding taken private at $5.03 per share
Rhea-AI Filing Summary
Emerald Holding, Inc. completed a merger in which Emma Merger Sub, Inc. merged with and into Emerald, with Emerald surviving as a wholly owned subsidiary of Emma Buyer, LLC, an entity owned by funds managed by affiliates of Apollo Global Management, Inc.
At the Effective Time, each outstanding share of Emerald Common Stock (other than treasury, parent-held and certain appraisal shares) was cancelled and converted into the right to receive $5.03 per share in cash, without interest. As a result of this transaction, Onex Corporation, Gerald W. Schwartz and related Onex entities report beneficial ownership of 0 shares, or 0.0% of the class, and this amendment is described as a final, “exit” Schedule 13D filing for each reporting person.
Positive
- None.
Negative
- None.
Filing Explained
The July 14 amendment adds that the Onex reporting persons engaged in no Emerald Common Stock transactions during the prior 60 days other than the merger described in the filing.
Key Figures
Key Terms
Schedule 13D regulatory
beneficially own regulatory
Agreement and Plan of Merger regulatory
Effective Time regulatory
Merger Consideration financial
appraisal rights regulatory
FAQ
What transaction involving Emerald Holding (EEX) is described in this Schedule 13D/A amendment?
What is the class of securities of Emerald Holding (EEX) covered and its par value?
AI-generated analysis. How Rhea-AI works. Not financial advice.