Remove 2016 Remove Book Value Remove Market Capitalization Remove Marketability
article thumbnail

Ready Capital and Broadmark Realty Capital Announce Definitive Merger Agreement

Benzinga

The respective closing stock prices for Ready Capital and Broadmark on February 24, 2023 imply an offer price of $5.90 per Broadmark share, representing a 41% premium or approximately 0.85x tangible book value as of December 31, 2022. In addition, Ready Capital will assume Broadmark's outstanding senior unsecured notes.

article thumbnail

Control, Complexity and Politics: Deconstructing the Adani Affair!

Musings on Markets

The History The Adani Group, founded by Gautam Adani, started life as a commodity trading partnership business in Gujarat, and listed on stock markets in 1994, as Adani Exports, with a large chunk of its revenues coming from its operation of a local port in Mundra, with a subsequent entry into the edible oil business.

Start-ups 100