Open Lending and ANV Announce Results of Tender Offer
Open Lending and ANV Group Holdings announced the results of ANV's tender offer to purchase all outstanding shares of Open Lending common stock at $3.15 per share, with Equiniti Trust Company serving as depositary and paying agent.
Why it matters — The tender offer results indicate progress in ANV's bid to acquire all outstanding shares of Open Lending, which could lead to a change in company ownership.