Brief: Sculptor Capital Management Says Former Emd Group Issued Statement Indicating It Believed Consortium’S Offer Was More Attractive Than Rithm

Sculptor Capital Management

05/10/2023 23:27

Oct 5 (Reuters) - Sculptor Capital Management Inc
 SCU.N :
    * SCULPTOR CAPITAL MANAGEMENT:  RECOMMENDED STOCKHOLDERS
VOTE IN
FAVOR OF ADOPTION OF MERGER AGREEMENT - SEC FILING
    * SCULPTOR CAPITAL MANAGEMENT:  RECOMMENDED STOCKHOLDERS
VOTE FOR
MERGER PROPOSAL, NON-BINDING COMPENSATION PROPOSAL, ADJOURNMENT
PROPOSAL
    * SCULPTOR CAPITAL MANAGEMENT: ON OCT 3, FORMER EMD GROUP
ISSUED
STATEMENT INDICATING IT BELIEVED THE CONSORTIUM’S OFFER WAS MORE
ATTRACTIVE THAN RITHM
    * SCULPTOR CAPITAL MANAGEMENT: FORMER EMD GROUP CALLED ON
THE
SPECIAL COMMITTEE TO ENGAGE WITH THE CONSORTIUM
    * SCULPTOR CAPITAL: ON OCT 4 JPM REPRESENTATIVES REPORTED
THAT AT
SUCH TIME RITHM WASN'T PREPARED TO ENTER AMENDED MERGER DEAL
WITHOUT FORMER EMD SUPPORT
    * SCULPTOR CAPITAL: JPM REPRESENTATIVES ALSO REPORTED THAT
AT SUCH
TIME NOR WAS RITHM PREPARED TO OFFER ANY OTHER IMPROVEMENTS TO
TERMS OF MERGER AGREEMENT

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