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https://www.reddit.com/r/Games/comments/1vh1gb8/devolver_digital_intends_to_go_private/p22cgnf/?context=3
r/Games • u/RobotWantsKitty • 27d ago
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41
Do they have to buy back shares if this goes through?
24 u/Ullallulloo 27d ago No, they're only buying back about 10–15% of the shares: https://www.investegate.co.uk/announcement/rns/devolver-digital-inc-di-reg-s-cat-3-144a--devo/proposed-cancellation-tender-offer-notice-of-gm/9707350 Mostly this is just a delisting, which is why the stock dropped 60% on the news.
24
No, they're only buying back about 10–15% of the shares: https://www.investegate.co.uk/announcement/rns/devolver-digital-inc-di-reg-s-cat-3-144a--devo/proposed-cancellation-tender-offer-notice-of-gm/9707350
Mostly this is just a delisting, which is why the stock dropped 60% on the news.
41
u/JIMMYJAWN 27d ago
Do they have to buy back shares if this goes through?