LS Power Equity Advisors proposes to acquire EVgo for $2 per share in cash

LS Power Equity Advisors, EVgo's majority shareholder, has proposed acquiring all outstanding shares it does not already own for $2 per share in cash, disclosed in a Schedule 13D filing. The offer represents a 59% premium to EVgo's Oct. 30 closing price and a 62% premium to its 30-day VWAP.

Detected & updated continuously · Source: Nebula