- Alliance Group's (NYSE:AIQ-OLD +13.2%) controlling shareholder, Tahoe Investment Group (formerly Fujian Thai Hot Investment), has made a non-binding offer for $9.60 per share in cash for all the stock it currently does not own.
- Tahoe is a holder of 52% of AIQ.
- The board has authorized a special committee to look into the proposal.
- With today's gain, Alliance is up to $9.02.
Alliance Group surges on go-private interest
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| Symbol | Last Price | % Chg |
|---|---|---|
| AIQ-OLD | - | - |
| Alliance Healthcare Services, Inc. | ||