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Tuesday’s Rally In Creative Realities (CREX) Stock: What Caused It?

As of the last check Tuesday, Creative Realities Inc. (NASD: CREX) saw its shares rise 8.06% at $0.74 following news that it had received a takeover offer. Is anyone interested in buying CREX? The board of directors of Creative Realities (CREX) accepted an unsolicited bid on Friday, February 3, 2023, from Pegasus Capital Advisors, L.P. (“PCA LP”). On behalf of itself and a few of its affiliates (collectively, “Pegasus”), PCA LP sent a letter outlining a proposal for Pegasus to purchase all outstanding common stock shares that are not owned by the Reporting Persons for $0.83 per share in cash