Resource America, Inc. (REXI) - NASDAQ
  • Mon, May 23, 7:45 AM
    • The external manager for Resoruce Capital (NYSE:RSO), Resource America (NASDAQ:REXI) agrees to a sale to C-III Capital Management for $9.78 per share, about a 51% premium to Friday's close, and more than double the price from earlier this year when REXI announced it was looking at strategic alternatives.
    • The deal is expected is expected to close late in Q3, or early in Q4.
    • Source: Press Release
    | Mon, May 23, 7:45 AM | 7 Comments
Company Description
Resource America, Inc. is a specialized asset management company, which uses industry specific expertise to evaluate, originate, service and manage investment opportunities through real estate, financial fund management and commercial finance subsidiaries as well as joint ventures. The company... More
Sector: Financial
Industry: Asset Management
Country: United States