Gridsum Holding Special Situation Buyout Arbitrage Has 15.7%Upside
Updated: Jan 16, 2021
Originally published October 20, 2020
Summary
Management led private buyout of GSUM provides an arbitrage opportunity.
An absolute gain of 15.7% (> 31% annualized yield rate) is available based on the arbitrage market spread.
The board of directors approved deal still awaits shareholder approval and is scheduled to close in first quarter 2021.
