Wu Shuo learned that private equity firm Madison Dearborn Partners has announced a definitive acquisition agreement with The Marygold Companies (NYSE American: MGLD). Marygold shareholders will receive $2 in cash per share, representing a 100% premium to the share price prior to news of the transaction. The transaction will provide capital to Marygold’s wholly owned subsidiary, ETF management platform USCF. Tim Rotolo will serve as Marygold’s CEO, and together with the MDP and USCF management teams, will drive the expansion of the ETF platform. The transaction has not yet closed.