Paramount Group, INC Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
Saray Capital's offer to acquire all outstanding shares of Paramount Group not already owned by its affiliates was rejected by the Board of Directors, citing an existing merger agreement.
SCHEDULE 13D: Saray Capital and Saray Value Fund Disclose 5.14% Stake in Paramount Group, Signaling Strategic Engagement
Saray Capital (DIFC) Limited and Saray Value Fund SPC have jointly disclosed a 5.14% beneficial ownership stake in Paramount Group, Inc., acquired for approximately $50.5 million, indicating an intent for strategic discussions with the issuer's management and board.