Weber Rises 23% On Sweetened Takeover Deal From Shareholder BDT Capital Partners, But Is It A Good Deal For Holders?

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IPO investors set to accept more than 40% in losses in the go-private transaction but is it a lifeline bailout? American outdoor grill manufacturer Weber Inc’s (NYSE:WEBR) stock rose 23.2% higher on Monday, closing at $8.01 after receiving a revised takeover offer worth $2.3 billion from private equity shareholder BDT Capital Partners. Q3 2022 hedge […]