Spectrum Group International, Inc. (SPGZ)

Spectrum Group International Announces Proposed Cash Election Merger

COSTA MESA, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Spectrum Group International, Inc. (SPGZ) (“SGI” or the “Company”), an integrated network of leading companies concentrating on numismatics (coins) and paper currency, announced a proposal to effect a cash election merger, in which certain eligible shareholders could elect to receive either cash consideration of $22,000 per share of the Company’s common stock or shares in a new holding company. In the transaction, the Company will merge with