Mobile Infrastructure receives preliminary buyout offer from Bombe Asset Management

GlobeNewswire··US·Read original
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Mobile Infrastructure Corporation has received a preliminary, non-binding indication of interest from Bombe Asset Management to acquire all outstanding shares of the company. Bombe is owned and controlled by Manuel Chavez III, Mobile's Executive Chairman, and Stephanie Hogue, Mobile's President and CEO, both of whom are managing partners of Bombe. The board has formed a special committee of independent directors to evaluate the proposal and other alternatives. The company noted there is no assurance a definitive agreement will be reached or that any transaction will be completed.

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Bombe Asset Management
Private± Mixedrelevance