DG Capital Sends a Letter to Blueknight Energy Partners
November 16, 2021 at 05:29 pm
On November 16, 2021, DG Capital Management, LLC announced that it believes the consideration being offered for the common units in the proposed transaction substantially undervalues the common units. As a result, DG Capital currently intends to oppose the transaction, including with respect to the common units beneficially owned by it. On October 12, 2021, DG Capital delivered to the Board a letter expressing its opposition to the proposed transaction.