Equitable (EQH) has started a cash tender offer to buy up to 46M units of limited partnership interests in Alliance Bernstein Holding LP (AB), at a price of $38.50 per unit for an aggregate ...

Short interest in Equitable Holdings Inc (NYSE:EQH) increased during the last reporting period, rising from 4.41M to 5.31M. This put 1.95% of the company's publicly available shares short.

Equitable is making this Offer in order to increase its interest in AllianceBernstein L.P. (“AB”), the operating partnership of AB Holding, through the acquisition of Units, and to provide ...