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The Partnership is finalizing a proposal to acquire all outstanding shares of RCM Common Stock not currently owned by the Partnership at a price higher than previously proposed. This development has sparked a bidding war among major stakeholders, including TCP-ASC, which is expected to benefit current shareholders. Following the announcement, RCM's stock surged by 14.2% pre-market to $12.60, up from the mid $10s.
A brewing bidding war? $RCM https://t.co/B8PzHkM4M8
$RCM very interesting developments here. I wonder what the bid comes in at. You would think it would be at least $13.75. Still think shares are attractive.
$BPMC Needham comment, June 28. ("Buy", PT $130). https://t.co/TlX4QgVvD1
