Bronte Capital Management Pty Ltd Says Believe Hibbett's Proposed Deal With Jd Sports Fashion Significantly Undervalues Hibbett - SEC Filing

Reuters
2024.06.13 12:54
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Bronte Capital Management believes that Hibbett's proposed deal with JD Sports significantly undervalues the company. They hold a 5.1% stake in Hibbett and intend to vote against the approval of the deal. Bronte Capital Management plans to engage with Hibbett's board, shareholders, and other third parties regarding the merger. They purchased Hibbett shares because they believed they were undervalued.

June 13 (Reuters) - Hibbett Inc (HIBB.O) :

  • BRONTE CAPITAL MANAGEMENT PTY LTD SAYS BELIEVE HIBBETT’S PROPOSED DEAL WITH JD SPORTS FASHION SIGNIFICANTLY UNDERVALUES HIBBETT - SEC FILING

  • BRONTE CAPITAL MANAGEMENT PTY LTD. REPORTS 5.1% STAKE IN HIBBETT, INC AS OF JUNE 10- SEC FILING

  • BRONTE CAPITAL MANAGEMENT PTY LTD SAYS CURRENTLY INTEND TO VOTE AGAINST APPROVAL OF HIBBETT’S DEAL WITH JD SPORTS

  • BRONTE CAPITAL MANAGEMENT PTY LTD: INTEND TO ENGAGE IN DISCUSSIONS WITH HIBBETT’S BOARD, STOCKHOLDERS, OTHER THIRD PARTIES REGARDING JD SPORTS MERGER

  • BRONTE CAPITAL MANAGEMENT PTY LTD. SAYS PURCHASED HIBBETT INC SHARES ON BELIEF THAT WHEN PURCHASED, WERE UNDERVALUED

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