Forager escalates fight over Repay buyout bid
Forager Capital Management LLC, the largest shareholder of Atlanta-based Repay Holdings Corp., is publicly pressuring the fintech company’s board after directors declined to engage on its $4.80-per-share acquisition proposal. Forager Management sent an open letter dated May 18 to shareholders of Repay, a fintech company that provides integrated payment processing solutions and electronic payment technology. Forager — a Birmingham, Ala.-based hedge fund and investment advisory firm that...
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