Brief: Canaccord Genuity Increases Proposed Offer Price For RF Capital Group Above Original Proposal Of $2.30/Share

RF Capital

14/04/2021 12:41

April 14 (Reuters) - Canaccord Genuity Group Inc  CF.TO :
    * CANACCORD GENUITY GROUP INC. PROVIDES UPDATE ON PROPOSED
AND
REJECTED OFFER TO ACQUIRE 100% OF THE OUTSTANDING SHARES OF RF
CAPITAL GROUP
    * CANACCORD GENUITY - ON APRIL 6 IN A LETTER TO BOARD OF RF
CAPITAL GROUP, CO SAID IT WAS PREPARED TO MODIFY TERMS OF
PROPOSAL MADE ON MARCH 15, 2021
    * CANACCORD GENUITY - MODIFIED TERMS OF PROPOSAL INCLUDED
INCREASE
PROPOSED OFFER PRICE ABOVE ORIGINAL PROPOSAL OF $2.30 PER RCG
COMMON SHARE
    * CANACCORD GENUITY GROUP - EXPLORING LEGAL OPTIONS
AVAILABLE, AS
WELL AS OPTIONS OF TAKING OFFER DIRECTLY TO RCG SHAREHOLDERS

Source text for Eikon:  ID:nCNWS3Nv1a 
Further company coverage:  CF.TO 

 ((Reuters.Briefs@thomsonreuters.com;))