Why the Mainstream (ASX:MAI) share price is up 62% this week
It was a quiet week for the Mainstream Group Holdings Ltd (ASX: MAI) share price. That was until it suddenly jumped 60% before close on Monday. At the time of writing, the Mainstream share price is up 0.76%. trading at $1.99.
Mainstream share price jumps on superior takeover
On March 9, Vistra offered to acquire 100% of Mainstream shares at $1.20 per share. A go-shop period was provisioned to allow Mainstream to seek out competing offers until 11 April.