Mobile Infrastructure receives buyout indication of interest from Bombe Asset Management - BEEP News | RalliesMobile Infrastructure receives buyout indication of interest from Bombe Asset Management
B
BEEP• Bombe Asset Management submits preliminary buyout proposal
- Bombe Asset Management submitted a preliminary, non-binding proposal to acquire all outstanding shares of Mobile Infrastructure.
- Bombe is controlled by Executive Chairman Manuel Chavez III and CEO Stephanie Hogue, both managing partners of the firm.
- The board formed a special committee of independent directors to evaluate the approach and other strategic alternatives.
- No assurance was given that talks will lead to a definitive agreement or that any deal will close.