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Scholastic Q3 Earnings Call Highlights
Yahoo Finance· 2026-03-19 21:53
Chief Financial Officer Haji Glover said the tender offer price range is $36 to $40 per share and is expected to commence Monday, March 23, 2026, and remain open until Monday, April 20, subject to customary conditions. Assuming full subscription, Warwick said the tender would represent about 25% of shares outstanding as of quarter end. Glover said the tender is expected to be funded with a combination of cash on hand and borrowings under the company’s credit facility.Building on that, management announced n ...