Emmett investment management opposes playags's proposed take-private transaction with brightstar capital partners

Releases open letter to ags stockholders outlining intention to vote against inadequate proposal new york , may 14, 2024 /prnewswire/ -- emmett investment management lp ("emmett"), an investment manager focused on small and mid-cap equities across developed markets and owner of approximately 1.5% of the outstanding stock of playags, inc. (nyse: ags)("ags" or the "company"), today released an open letter to ags stockholders outlining its intention to vote against the company's inadequate proposed take-private transaction with brightstar capital partners, which it believes significantly undervalues the company.  the full text of the letter follows:  may 14, 2024 dear fellow stockholders, emmett investment management lp (together with its affiliates, "emmett" or "we") currently owns approximately 1.5% of the outstanding stock of playags, inc. ("ags" or the "company"), making us one of the company's largest active stockholders.
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