Rithm Capital Completes Deal to Acquire Sculptor Capital Management

Posted on 11/21/2023

Rithm Capital finally completed a deal to buy asset manager Sculptor Capital Management. Sculptor will be bought for about $720 million, or $12.70 a share, Rithm said in a statement November 17, 2023. Rithm had the shareholder votes it needed to secure the deal. This is after a months-long fight. Dan Och left the firm…

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