Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Pzena Investment Management, Inc. underwent a change of control involving PIM, LLC for $9.60 per share in cash (closed 2022-10-31).
- Action
- change of control
- Counterparty
- PIM, LLC
- Consideration
- $9.60 per share in cash
- Closing
- 2022-10-31
Exact text from the filing
share of Class A common stock, par value $0.01 per share, of the Company (each, a “ Class A Share ”), other than certain excluded shares, was converted into the right to receive $9.60 in cash, without interest (the “ Merger Consideration ”), and (2) each issued and outstanding share of Class B common stock, par value $0.000001 per share, of the Company (each, a
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Pzena Investment Management, Inc. entered into Credit Agreement with the lenders party thereto, JPMorgan Chase Bank, N.A., as an administrative agent, JPM and Regions Bank as joint lead arrangers, the other guarantors party thereto valued at $200,000,000 (effective 2022-10-31).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- the lenders party thereto, JPMorgan Chase Bank, N.A., as an administrative agent, JPM and Regions Bank as joint lead arrangers, the other guarantors party thereto
- Value
- $200,000,000
- Effective
- 2022-10-31
Exact text from the filing
On October 31, 2022, PIM, LLC (the “ Borrower ”) and certain subsidiaries of the Borrower entered into a $200,000,000 credit agreement (the “ Credit Agreement ”) with the lenders party thereto, JPMorgan Chase Bank, N.A. (“ JPM ”), as an administrative agent, JPM and Regions Bank as joint lead arrangers, the other guarantors party thereto (together with Pzena, the “ Loan Parties ”).
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