Not exact matches
The
private - equity firm will pay $ 157 a
share in cash for Buffalo Wild Wings, which is 34 % above the company's closing stock price on November 13, the day before Roark's initial
bid of $ 150 a
share.
Barclays Capital was hired last year to conduct a sale of a minority interest in the company, including all or a portion of Chris's
shares (the
bidding was code - named «Project Amethyst»), and various
private - equity and strategic firms have considered buying them.
SYDNEY (Reuters)- Australian internet provider Vocus Group Ltd said on Tuesday a second
private equity firm has made a A$ 2.2 billion ($ 1.7 billion) takeover approach, sending its
shares higher on hopes for a
bidding war.
They emerged as the industry consolidators, using high levels of gearing to pay mind boggling prices for assets (in 2007, APN was the target of a
bid by a
private equity consortium that was blocked by a shareholder vote at $ 6.20 per
share, a decision which cost them a lot.
Sandell Asset Management, a
private, alternative asset management firm, said the bookseller could attract
bids of $ 12 a
share or more in a going
private transaction.»
Starwood had originally accepted a $ 13.2 billion cash - and - stock
bid from Marriott, but looked to be pulling out when Anbang, fresh off a $ 6.5 billion acquisition of trophy US hotel properties from the Blackstone Group
private equity firm, made an all - cash offer for Starwood on March 18 worth $ 78 per
share.
But given today's
share prices — both Gables and Post, along with most apartment REITs, are trading near 52 - week lows —
private equity investors are typically better capitalized to
bid more aggressively for apartments.