• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

BrightSphere Announces Final Results of Its Tender Offer

By: BrightSphere Investment Group Inc. via Business Wire
December 09, 2021 at 07:58 AM EST

BrightSphere Investment Group Inc. (NYSE: BSIG) today announced the final results of its tender offer, which expired at 5:00 P.M., New York City time, on Monday, December 6, 2021.

BrightSphere accepted for purchase 34,917,532 shares of common stock in the tender offer for a total cost of approximately $1.1 billion, excluding fees and expenses relating to the tender offer. The shares of common stock accepted for purchase includes 1,617,532 shares that BrightSphere elected to purchase pursuant to its right to purchase up to an additional 2% of its outstanding common stock and represented approximately 43% of BrightSphere’s total outstanding shares as of December 6, 2021. Due to the oversubscription of the tender offer, BrightSphere purchased on a pro rata basis approximately 51.3% of the shares of common stock tendered (other than “odd lot” holders, whose shares were purchased on a priority basis).

Citigroup Global Markets Inc. and RBC Capital Markets, LLC acted as the Dealer Managers for the tender offer. Georgeson LLC acted as the Information Agent for the tender offer. All inquiries about the tender offer should be directed to Citigroup Global Markets Inc. toll-free at 1-877-531-8365, RBC Capital Markets, LLC toll-free at 1-877-381-2099 or Georgeson LLC toll-free at 1-888-607-9252.

About BrightSphere

BrightSphere is a global asset management company with one operating subsidiary, Acadian Asset Management, with approximately $114 billion of assets under management as of September 30, 2021. Through Acadian, BrightSphere offers institutional investors across the globe access to a wide array of leading quantitative and solutions-based strategies designed to meet a range of risk and return objectives. For more information, please visit BrightSphere’s website at www.bsig.com. Information that may be important to investors will be routinely posted on our website.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements. The words or phrases “expect,” “anticipate,” “estimate,” and other similar expressions are intended to identify such forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Such statements are subject to various known and unknown risks and uncertainties and readers should be cautioned that any forward-looking information provided by or on behalf of the Company is not a guarantee of future performance.

Actual results may differ materially from those in forward-looking information as a result of various factors, some of which are beyond the Company’s control, including, but not limited to, those discussed in the Company’s most recent Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 1, 2021, and subsequent SEC filings, including risks related to market conditions, the disruption caused by the COVID-19 pandemic, which has and is expected to continue to materially affect our business, financial condition, results of operations and cash flows for an extended period of time. Due to such risks and uncertainties and other factors, the Company cautions each person receiving such forward-looking information not to place undue reliance on such statements. Further, such forward- looking statements speak only as of the date of this press release and the Company undertakes no obligations to update any forward looking statement to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005581/en/

Contacts

Elie Sugarman

ir@bsig.com

(617) 369-7300

More News

View More
Smart Money's Big Bet on AST SpaceMobile
Today 14:55 EDT
Via MarketBeat
Tickers AMT ASTS BCE BLK RKUNY T
Goldman Sachs Earnings Tell: Markets Seem Okay
Today 14:21 EDT
Via MarketBeat
Topics Economy
Tickers AAPL GS MSFT NVDA SPY XLY
An AI Play Hiding in Plain Sight: A Look at Johnson Controls
Today 13:07 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers DHR JCI
AppLovin Drops 14%: Should Investors Worry About SEC Probe?
Today 11:19 EDT
Via MarketBeat
Topics Regulatory Compliance
Tickers AAPL APP META SPOT
From Bulldozers to Big Data: Caterpillar’s Bull Case Gets a Lift
Today 10:14 EDT
Via MarketBeat
Topics Artificial Intelligence Energy
Tickers ASX:RUL CAT
FinancialContent
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap