General World News

Bayview closes acquisition of Guild, taking lender private

Bayview Asset Management has closed its acquisition of Guild Holdings Company, the parent of Guild Mortgage, in a deal that takes the lender private and removes it from the New York Stock Exchange. The transaction was finalized on November 28, according to a new 8-K filing.

Under the agreement, shareholders received $20 per share in cash, and all outstanding RSUs and PSUs were also settled for cash. Guild’s Class A stock has been delisted, and the company will no longer file periodic SEC reports.

Bayview, already a minority shareholder, agreed earlier this year to acquire the remaining stake in a deal that details ⇒

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