Previous close | 33.89 |
Open | 33.90 |
Bid | 33.80 x 1800 |
Ask | 34.13 x 1000 |
Day's range | 33.83 - 33.98 |
52-week range | 22.92 - 37.54 |
Volume | |
Avg. volume | 307,036 |
Market cap | 2.524B |
Beta (5Y monthly) | 1.11 |
PE ratio (TTM) | 20.56 |
EPS (TTM) | 1.65 |
Earnings date | 01 May 2024 - 06 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 38.70 |
AssetMark Financial Holdings has agreed to be acquired by private-equity firm GTCR in a deal that would end the turnkey asset manager’s run as a public company. If the deal closes, GTCR will acquire all of AssetMark and pay existing shareholders $35.25 per share in cash, which represents a total equity valuation of approximately $2.7 billion, AssetMark said Thursday. The purchase price represents a 1% premium to AssetMark’s closing price Wednesday of $34.90.
Blue Owl Capital (OWL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CONCORD, Calif., April 25, 2024--AssetMark Financial Holdings, Inc. (NYSE: AMK) ("AssetMark" or "Company"), a leading wealth management technology platform for financial advisors, today announced that it has signed a definitive agreement to be acquired by GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth and asset management.