Arby’s Restaurant Group Inc. said Tuesday it plans to buy Buffalo Wild Wings Inc. in a deal worth $2.9 billion in cash and debt. Atlanta-based Arby’s will pay $157 per share for Buffalo Wild Wings (NASDAQ: BWLD), a 7 percent premium over the company Monday close of $146.40. The cash value of the acquisition is about $2.44 billion; debt adds about another $500 million. “Buffalo Wild Wings is one of the most distinctive and successful entertainment and casual dining restaurant companies in America.…
from https://www.bizjournals.com/baltimore/news/2017/11/28/arbys-to-buy-buffalo-wild-wings-for-2-9-billion.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/167978435872
No comments:
Post a Comment