09:46 AM EST, 12/16/2025 (MT Newswires) -- Emerald Holding ( EEX ) said Tuesday that it has started a review of strategic alternatives after receiving inquiries from multiple parties over a potential takeover.

Details of the inquiries or the interested parties were not disclosed.

The company said it appointed Goldman Sachs as lead financial adviser related to the review and that the process is not guaranteed to lead to any transaction.

Emerald Holding ( EEX ) also reiterated its 2025 revenue outlook of $460 million to $465 million versus the estimate by two Fact Set analysts of $461.5 million.

Shares of were up more than 12% in recent Tuesday trading.

Price: 3.97, Change: +0.40, Percent Change: +11.20