m_and_a
confidence high
sentiment positive
materiality 1.00
Guild Holdings to be acquired for $20.00 per share in cash by Gulf MSR HoldCo
Guild Holdings Co
- Acquisition price of $20.00 per share in cash; majority stockholder MCMI (holding majority voting power) has already executed written consent to adopt the merger.
- Merger expected to close in Q4 2025, subject to regulatory approvals (HSR, state mortgage regulators) and other customary conditions.
- Termination fees: $38M payable by Guild under certain circumstances; $72.9M payable by Parent under certain circumstances.
- Employment agreements for CEO Terry Schmidt, CFO Desiree Kramer, and David Neylan effective at closing, with three-year terms and severance provisions.
- Parent obtained equity financing commitments of up to $1.283B and a limited guarantee from an affiliated fund.
item 1.01item 5.02item 5.07item 9.01