Let the Takeover Battle Begin: Reservoir Receives Competing Offer Following Irenic Bid, Forms ‘Special Committee’ to Weigh the Proposals

Let the takeover battle begin: About one week after Irenic Capital Management swooped in with an attempt to take Reservoir Media (NASDAQ: RSVR) private, different shareholders have submitted a competing bid. Word of the latter surfaced in SEC filings this afternoon, following Irenic’s official move to purchase Reservoir. As some will recall from our prior […]