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BRIEF-TDR Capital Offers To Take Target Hospitality Private For Over $1 Bln
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BRIEF-TDR Capital Offers To Take Target Hospitality Private For Over $1 Bln
Mar 25, 2024 7:01 AM

March 25 (Reuters) -

TDR Capital:

* TDR CAPITAL: ARROW HOLDINGS DETERMINED TO PURSUE

TRANSACTION TO

TAKE TARGET HOSPITALITY PRIVATE

* TDR CAPITAL: PROPOSED DEAL FOR $10.80 PER SHARE

* TDR CAPITAL: ARROW PROPOSAL FOR TARGET HOSPITALITY SUBJECT

TO

SECURING DEBT FINANCING

* TDR CAPITAL: ARROW SAYS WILL SIGN DEBT COMMITMENTS PRIOR

TO

SIGNING DEFINITIVE AGREEMENT FOR TARGET HOSPITALITY

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