“Earlier this month, High Hampton entered a binding term sheet to acquire 8 Points Management LLC and its Bravo Distro subsidiary in an all-stock transaction. The companies expect to enter a definitive agreement soon, and we view this as a significant acquisition for High Hampton.” – The article states.
“When you look at Canadian-focused companies with similar business models, the valuation tends to be considerably higher than High Hampton. Over the coming year, we expect to see this discrepancy change in favor of High Hampton and investors need to be monitoring this stock.” – The author concludes.
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