Rithm Capital to acquire Paramount Group for $6.60 per share in cash, about $1.6 billion
On September 17, 2025, Rithm Capital agreed to acquire Paramount Group, Inc. (NYSE: PGRE) in a cash deal valued at about $1.6 billion, or $6.60 per share. Paramount stockholders must approve the Paramount Merger, and the deal is expected to close in late Q4 2025. Paramount would owe Rithm a $59.7 million termination fee in certain circumstances, which would matter to shareholders if the deal fails.
Key points
- Paramount common stockholders would receive $6.60 per share in cash, without interest.
- Total cash consideration to Paramount shareholders is about $1.6 billion.
- Closing is expected in late Q4 2025 and requires approval by a majority of votes cast by Paramount stockholders; the deal has no financing condition.
- The merger agreement can be terminated if the Mergers are not completed by March 17, 2026; Paramount would pay a $59.7 million termination fee in certain circumstances.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 17, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.