MarketWise gets $17.25/share buyout proposal from 43% shareholder M&C

MARKETWISE, INC.

M&C proposes $17.25/share cash for all outstanding shares not owned by M&C; 18% premium to Oct 27 close.
M&C holds ~43% voting power; deal contingent on termination of tax receivable agreement at closing.
Board of Directors reviewing proposal with advisors; no definitive agreement reached.
M&C states it will not sell its stake to a third party and would not support a rival process.

item 7.01item 9.01

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