Victory Capital Defends 'Superior' and Actionable Bid for Janus Henderson

Victory Capital Holdings (VCTR) has issued a formal statement defending its proposal to acquire Janus Henderson Group (JHG). The company characterized the bid as "clearly superior" and fully actionable, aiming to address market skepticism regarding the deal's feasibility. Victory Capital emphasized that its robust financial performance provides a solid foundation for the proposed merger. According to the statement, the transaction is designed to generate significant long-term value for shareholders of both entities. This public defense suggests a high level of commitment from Victory Capital to finalize the acquisition. Market analysts view this move as an attempt to pressure the Janus Henderson board to engage more seriously with the offer's merits.

Sources:businesswire.complanadviser.comglobal.morningstar.comir.vcm.commarketsmedia.comreuters.comwsj.cominvesting.comvcm.commorningstar.comtradingview.com