Business · Companies · 3 hrs ago

Judge approves Marquee deal, bringing Roots closer to going private

Judge approves Marquee deal, bringing Roots closer to going private

A judge approved the Marquee deal involving Roots.

The approval brings Roots a step closer to going private, but does not mean the process is complete.

The available information does not explain the deal’s terms or why Roots is seeking to go private.

It also does not say what role Marquee will have after the deal.

The judge’s approval is a step forward for the proposed transaction.

Roots has not yet been confirmed as private, and no further timeline is given.

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