M&A
confidence high
sentiment positive
materiality 0.95
Marygold to be acquired by Madison Dearborn Partners for $2.00 per share in cash
Marygold Companies, Inc.
- Marygold agreed to merge with Madison Dearborn Partners; stockholders will receive $2.00 per share in cash, a 100% premium to the September 24, 2026 closing price.
- Stockholders holding about 75% of voting power, including Nicholas Gerber, signed voting/support agreements and delivered written consent approving the merger.
- Merger expected to close in first half of 2027 or earlier; Marygold will become private and delist from NYSE American; termination fee is about $2.6 million in some cases.
- Board and Special Committee unanimously approved the deal; Tim Rotolo will become CEO, and MDP will invest in USCF, which manages about $6 billion in assets.
- Marygold's board also adopted a bylaws amendment adding indemnification, Nevada exclusive forum, and opt-out from NRS 78.378-78.3793 controlling-interest statutes.