NXSTEP Opportunity Partners cancelled the acquisition of Stratus Properties Inc. from Oasis Investments II Master Fund Ltd., a fund manage by Oasis Management Company Ltd. and others.
NXSTEP Opportunity Partners cancelled the acquisition of Stratus Properties Inc. (NasdaqGS:STRS) from Oasis Investments II Master Fund Ltd., a fund manage by Oasis Management Company Ltd. and others on February 21, 2024. Stratus? board of directors considered the proposal and determined unanimously that the proposal substantially undervalues the company.