Shares of Target Hospitality Corp are trading higher after the workforce lodging company's Board of Directors received an unsolicited non-binding proposal from Arrow Holdings S.à r.l.
Target Hospitality shares jumped about 24% in recent Monday trading after the company said that its board received an unsolicited non-binding proposal from a TDR Capital affiliate Arrow Holdings.
Shares of Target Hospitality Corp. (TH) are rising more than 14 percent in pre-market on Wednesday at $9.76, after reporting better-than-expected fourth-quarter results.
THE WOODLANDS, Texas, March 13, 2024 /PRNewswire/ Target Hospitality Corp. , one of North America s largest providers of vertically-integrated modular accommodations and value-added hospitality.