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ISS and Glass Lewis Recommend Vacasa Shareholders Vote “FOR” Proposed Merger With Casago

1. Proxy firms recommend Vacasa shareholders vote for merger with Casago. 2. Special meeting for shareholder vote on merger is scheduled soon.

M&A
-0.83%Current Return
VS
+0.06%S&P 500
$5.4204/21 08:19 AM EDTEvent Start
$5.37504/22 02:50 PM EDTLatest Updated
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FAQ

Why Bullish?

The positive recommendation from proxy advisory firms typically boosts shareholder confidence, as seen in previous merger votes where strong endorsements led to price increases. For example, after ISS and Glass Lewis recommended a merger in past cases, stocks often saw favorable movements in subsequent trading sessions.

How important is it?

The article centers on a significant merger which is likely to affect VCSA's future performance and investor sentiment in the near term. The merger's approval could lead to growth opportunities for Vacasa, making it a pivotal moment for the company's stock value.

Why Short Term?

The imminent Special Meeting and proxy recommendations create an immediate catalyst for VCSA’s stock within the next few weeks. Historically, stock price movements can be observed leading up to and immediately following shareholder votes.

Related Companies

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PORTLAND, Ore.--(BUSINESS WIRE)--Vacasa, Inc. (Nasdaq: VCSA) (“Vacasa” or the “Company”), a leading vacation rental management platform in North America, today announced that both leading independent proxy advisory firms – Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) – recommend shareholders vote “FOR” the proposed merger with Casago. A Special Meeting of Vacasa's shareholders (the “Special Meeting”) related to the proposed merger is scheduled for A.

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