GSE Systems Agrees to 12% Higher Sale Price with Pelican Energy

Dow Jones

2024-10-21

By Adriano Marchese

GSE Systems said it has agreed with its acquirer to increase the takeover price by 12%.

The engineering solutions company said Monday it has agreed to amend the merger agreement with an affiliate of Pelican Energy Partners to allow for GSE's stock to be converted into the right to receive $4.60 per share in cash.

This is up from their previously agreed price of $4.10 a share in early August when they agreed to an in an all cash deal that valued the company at around $13.3 million. The new price represents a premium of about 69% over GSE's closing price on Aug. 7.

Shares have more than doubled in 2024, closing on Friday at $4.34 a share, and traded 4.4% higher ahead of the bell on Monday at $4.58.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

October 21, 2024 09:25 ET (13:25 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"澳洲华人首选美澳港股一站式交易平台 | 老虎证券","description":"澳、美、港、A股、ETF、期权一站式在线交易，超低佣金，新手也能轻松开启投资。在老虎证券， 1 美元起投资美股，24/5 无时差交易美股，澳大利亚华人信赖的在线炒股平台。","keywords":"老虎证券,老虎证券澳洲,老虎证券股票,老虎证券开户,老虎证券app,tigertrade老虎证券,股票,asx美股,炒股,券商,澳洲股票交易,澳大利亚炒股","social":{"ogDescription":"澳、美、港、A股、ETF、期权一站式在线交易，超低佣金，新手也能轻松开启投资。在老虎证券， 1 美元起投资美股，24/5 无时差交易美股，澳大利亚华人信赖的在线炒股平台。","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2477886876"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2477886876\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2477886876?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-21 21:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2477886876","market":"nz","top_or_hot":-1,"title":"GSE Systems Agrees to 12% Higher Sale Price with Pelican Energy","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/GVP\">GSE Systems</a> said it has agreed with its acquirer to increase the takeover price by 12%. \n</p>\n<p>\n  The engineering solutions company said Monday it has agreed to amend the merger agreement with an affiliate of Pelican Energy Partners to allow for GSE's stock to be converted into the right to receive $4.60 per share in cash. \n</p>\n<p>\n  This is up from their previously agreed price of $4.10 a share in early August when they agreed to an in an all cash deal that valued the company at around $13.3 million. The new price represents a premium of about 69% over GSE's closing price on Aug. 7. \n</p>\n<p>\n  Shares have more than doubled in 2024, closing on Friday at $4.34 a share, and traded 4.4% higher ahead of the bell on Monday at $4.58. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 21, 2024 09:25 ET (13:25 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GSE Systems Agrees to 12% Higher Sale Price with Pelican Energy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGSE Systems Agrees to 12% Higher Sale Price with Pelican Energy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-21 21:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/GVP\">GSE Systems</a> said it has agreed with its acquirer to increase the takeover price by 12%. \n</p>\n<p>\n  The engineering solutions company said Monday it has agreed to amend the merger agreement with an affiliate of Pelican Energy Partners to allow for GSE's stock to be converted into the right to receive $4.60 per share in cash. \n</p>\n<p>\n  This is up from their previously agreed price of $4.10 a share in early August when they agreed to an in an all cash deal that valued the company at around $13.3 million. The new price represents a premium of about 69% over GSE's closing price on Aug. 7. \n</p>\n<p>\n  Shares have more than doubled in 2024, closing on Friday at $4.34 a share, and traded 4.4% higher ahead of the bell on Monday at $4.58. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 21, 2024 09:25 ET (13:25 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GVP","symbol_name":"GSE Systems","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2477886876","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477886876","pubTimestamp":1729517100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"GSE Systems said it has agreed with its acquirer to increase the takeover price by 12%.The engineering solutions company said Monday it has agreed to amend the merger agreement with an affiliate of Pelican Energy Partners to allow for GSE's stock to be converted into the right to receive $4.60 per share in cash.This is up from their previously agreed price of $4.10 a share in early August when they agreed to an in an all cash deal that valued the company at around $13.3 million. The new price represents a premium of about 69% over GSE's closing price on Aug. 7.Shares have more than doubled in 2024, closing on Friday at $4.34 a share, and traded 4.4% higher ahead of the bell on Monday at $4.58.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GVP":"GSE Systems","BK4023":"应用软件"},"translate_title":"GSE Systems同意将Pelican Energy的售价提高12%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GVP":0.9},"content_text":"By Adriano Marchese \n\n\n \n\n\nGSE Systems said it has agreed with its acquirer to increase the takeover price by 12%. \n\n\n  The engineering solutions company said Monday it has agreed to amend the merger agreement with an affiliate of Pelican Energy Partners to allow for GSE's stock to be converted into the right to receive $4.60 per share in cash. \n\n\n  This is up from their previously agreed price of $4.10 a share in early August when they agreed to an in an all cash deal that valued the company at around $13.3 million. The new price represents a premium of about 69% over GSE's closing price on Aug. 7. \n\n\n  Shares have more than doubled in 2024, closing on Friday at $4.34 a share, and traded 4.4% higher ahead of the bell on Monday at $4.58. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 21, 2024 09:25 ET (13:25 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}