Mortgage firm Guild soars after Bayview's take-private offer

Guild Holdings Co

18/06/2025 13:51

** Shares of mortgage firm Guild Holdings GHLD.N jump 26.3% to $19.85 premarket

** Investment firm Bayview Asset Management to take Guild private in a $1.3 billion deal

** Guild stockholders will receive $20 per share in cash for each share of the company's common stock they hold

** Deal is at 27% premium to Guild's last close

** As of last close, GHLD up ~16% YTD

(Reporting by Pritam Biswas in Bengaluru)

((Pritam.Biswas@thomsonreuters.com))