Repay rejects Forager Capital’s revised USD 5.25-a-share buyout proposal
RPAY•Board rejects revised cash offer
Forager Capital’s revised unsolicited proposal to buy Repay at USD 5.25 per share in cash was rejected by the board.
Directors concluded the offer significantly undervalued the business, keeping the company independent while it executes its strategic plan.
Management remains focused on integration and growth
Management remains focused on integrating the recently acquired KUBRA business to support growth and long-term value creation.
