Asta Funding, Inc. (ASFI) News
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Latest ASFI News From Around the Web
Below are the latest news stories about Asta Funding Inc that investors may wish to consider to help them evaluate ASFI as an investment opportunity.
Merger Arbitrage Mondays - A Very Active Quarter Draws To A CloseMerger activity increased last week with one new deal announced and one active deal completed. While we only saw 4 new deals announced this month, Q3 2020 was very active overall with 33 new deals announced. The total value of these deals was just north of $137 billion, and six... |
Asta-Stern Group merger receives shareholders approvalAsta Funding's (ASFI) shareholders have given their approval for go-private merger transaction with Stern Group pursuant to which Asta would become a wholly-owned subsidiary of Asta Finance Acquisition. The approval comes after the merger consideration was increased to $13.10 per share from previously proposed $11.47 per share in an all-cash... |
Asta Funding merger consideration raised to $13MAmending its merger agreement, Asta Funding (ASFI) +14.7% PM, increased the merger consideration to $13.10 in cash for purchasing each share from the earlier announced $11.47, indicating a premium of ~18% to Asta's closing price on June 24, 2020.Under the merger agreement entered on April 8, 2020, Stern Group will acquire the... |
ASFI and ASPS the only financial gainers, PHCF leads losersGainers: Asta Funding (ASFI) +17%. Altisource Portfolio Solutions (ASPS) +8%.Losers: Puhui Wealth Investment Management (PHCF) -23%. Carver Bancorp (CARV) -20%. Wins Finance Holdings (WINS) -17%. Broadway Financial (BYFC) -16%. China Rapid Finance (XRF) -16%.... |
Asta Funding, Inc. Announces Amendment to Merger Agreement Providing for an Increase in Merger Consideration from $11.47 to $13.10ENGLEWOOD CLIFFS, N.J., June 25, 2020 -- Asta Funding, Inc. (NASDAQ: ASFI) (“Asta” or the “Company”) today announced that it has entered into an amendment (the “Amendment”) to. |
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of Asta Funding, Inc. with its Controlling Shareholder is Fair to ASFI ShareholdersNew York, New York--(Newsfile Corp. - June 4, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Asta Funding, Inc. (NASDAQ: ASFI) ("Asta" or the "Company") stock prior to April 8, 2020 and still hold the stock.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Asta with the Stern Group, a controlling group ... |
Asta Funding, Inc. Announces Nasdaq Notifications of Delinquency and Regained ComplianceOn May 27, 2020, Asta Funding, Inc. (ASFI) (the “Company”) received a letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it had violated Nasdaq Listing Rule 5250(c)(1) because the Company had not yet filed its Quarterly Report on Form 10-Q for the period ended March 31, 2020 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”). As previously disclosed on May 18, 2020 on Form 12b-25, the Quarterly Report could not be filed by its May 15, 2020 deadline without unreasonable effort and expenses due to delays experienced in the collection, compilation and analysis of certain information required to be included in the Quarterly Report. |
Kaskela Law LLC Announces Shareholder Investigation of Asta Funding, Inc. (ASFI) and Encourages Investors to Contact the FirmKaskela Law LLC announces that it is investigating Asta Funding, Inc. ("Asta") (NASDAQ: ASFI) on behalf of the company's stockholders. |
SHAREHOLDER ALERT: Monteverde & Associates PC is Investigating the Following MergerNEW YORK, NY / ACCESSWIRE / April 22, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ... |
Kaskela Law LLC Announces Stockholder Investigation of Asta Funding, Inc. (ASFI)PHILADELPHIA, PA / ACCESSWIRE / April 22, 2020 / Kaskela Law LLC announces that it is investigating Asta Funding, Inc. ("Asta") (NASDAQ:ASFI) on behalf of the company's investors. On April 8, ... |