Bronte Capital Management Pty Ltd Says Believe Hibbett's Proposed Deal With Jd Sports Fashion Significantly Undervalues Hibbett - SEC Filing
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Bronte Capital Management believes that Hibbett's proposed deal with JD Sports significantly undervalues the company. They hold a 5.1% stake in Hibbett and intend to vote against the approval of the deal. Bronte Capital Management plans to engage with Hibbett's board, shareholders, and other third parties regarding the merger. They purchased Hibbett shares because they believed they were undervalued.
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