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Why Is Smart Share Global Stock Surging Premarket On Monday?

Smart Share Global Limited (NASDAQ:EM) shares are trading higher premarket on Monday. The company disclosed that its board had received a preliminary non-binding proposal from a buyer group, including Trustar Capital and key executives, to take the company private. The offer is for $0.625 per ordinary share or $1.25 per ADS in cash, representing a 74.8% premium to the stock’s last closing price. The proposed deal values the company significantly above its recent trading averages. Smart Share Glo

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Lawmakers Bicker as Chile’s Capital Market Black Hole Deepens

(Bloomberg) -- As the debate over Chile’s pension reform drags on... and on... and on... the black hole at the center of the country’s capitals market that it’s meant to fill is just getting bigger.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysDon’t Shrink the BusNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueLawmakers are resuming debate

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