Enstar to be Acquired by Sixth Street for $5.1 Billion

Enstar shareholders to receive $338.00 per share in cash Following the close of the transaction, Enstar will maintain its current operations and business strategy. The agreement includes a 35-day "go-shop" period expiring on September 2, 2024, which permits Enstar's Board of Directors and advisors to solicit alternative acquisition proposals from third parties. There can be no assurance that this "go-shop" will result in a superior proposal, and Enstar does not intend to disclose developments with respect t ...