MGHL .35 ~ Nyse AC @$41 merger
RYE, N.Y.--(BUSINESS WIRE)-- Associated Capital Group, Inc. (NYSE: AC), (the “Company”), announced today that its Board has authorized the Company to explore an offer to exchange shares of its common stock for shares of Morgan Group Holding Company, (OTC: MGHL) (“Morgan”). The analysis should be concluded no later than the end of the first quarter of 2020. There are no assurances that an exchange offer will result.
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