MarketWise Inc. has received an unsolicited non-binding proposal from Monument & Cathedral Holdings, LLC and its affiliates to acquire all outstanding equity interests of the company and MarketWise, LLC not already owned by M&C. The offer is for $17.25 per share in cash and is contingent on the termination of MarketWise's tax receivable agreement. A Special Committee of MarketWise's Board of Directors is currently reviewing the proposal with the assistance of Centerview Partners LLC as financial advisor and Kirkland & Ellis LLP as legal advisor. There is no assurance that a transaction will occur, and further updates will be provided if appropriate.
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. MarketWise Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9579434-en) on November 20, 2025, and is solely responsible for the information contained therein.