Forager Capital Management Challenges Quipt Home Medical's "Unsolicited" Label on Acquisition Offer, Requests Termination of Standstill Agreement

Reuters
2025/06/04
Forager Capital Management Challenges Quipt Home Medical's "Unsolicited" Label on Acquisition Offer, Requests Termination of Standstill Agreement

Quipt Home Medical Corp. has received an acquisition offer from Forager Capital Management to purchase 100% of Quipt's issued and outstanding common shares at a price of $3.10 per share. Forager, a significant shareholder in Quipt, disputes Quipt's previous characterization of the offer as "unsolicited" and emphasizes that the proposal aligns with their priority of enhancing shareholder value. The offer follows an invitation from Quipt's Chairman to Forager to access additional data and engage in the proposal process. The announcement has sparked a request from Forager for Quipt to retract its earlier statements and terminate the existing Non-Disclosure and Standstill Agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quipt Home Medical Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1035355) on June 04, 2025, and is solely responsible for the information contained therein.

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