Ok-To The Moon - Tiger Brokers Online Investing Community

2
1
Favorite

Blading23
2022-12-13

Grill Maker Weber to Go Private With BDT Capital in $3.7 Bln Deal

Weber Inc, known for its domed charcoal grill, said on Monday it had agreed to be taken private by c

Grill Maker Weber to Go Private With BDT Capital in $3.7 Bln Deal

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

Top
Latest

Blading23
·2022-12-13
like
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9923509369,"tweetId":"9923509369","gmtCreate":1670882990051,"gmtModify":1676538450683,"author":{"id":3565700003213382,"idStr":"3565700003213382","authorId":3565700003213382,"authorIdStr":"3565700003213382","name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":22,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Ok</p></body></html>","htmlText":"<html><head></head><body><p>Ok</p></body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9923509369","repostId":2290784862,"repostType":4,"repost":{"id":"2290784862","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1670851752,"share":"https://www.laohu8.com/m/news/2290784862?lang=&edition=full","pubTime":"2022-12-12 21:29","market":"us","language":"en","title":"Grill Maker Weber to Go Private With BDT Capital in $3.7 Bln Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2290784862","media":"Reuters","summary":"Weber Inc, known for its domed charcoal grill, said on Monday it had agreed to be taken private by c","content":"<html><head></head><body><p>Weber Inc, known for its domed charcoal grill, said on Monday it had agreed to be taken private by controlling shareholder BDT Capital Partners LLC in a $3.7 billion deal.</p><p>Weber shares surged 22% in pre-market trading.</p><p><img src=\"https://static.tigerbbs.com/8e04f943e47cfea2171975c50c9f1bf6\" tg-width=\"871\" tg-height=\"899\" width=\"100%\" height=\"auto\"/></p><p>BDT, which has a 48.2% stake in Weber, will buy all outstanding shares that it does not already own for $8.05 per share.</p><p>The purchase price represents a 60% premium to Weber&#39;s closing price on Oct. 24, the last trading day before BDT submitted its takeover offer.</p><p>Shares of Weber, which have shed nearly half of their value this year, jumped nearly 22% to $7.90 in premarket trading. As of last close, they had risen over 29% since BDT&#39;s proposal.</p><p>The special committee of independent directors evaluating BDT&#39;s proposal had unanimously approved the deal, which is expected to close in the first half of 2023, Weber said on Monday.</p><p>Palatine, Illinois-based Weber said that as part of the deal, funds managed by BDT will provide the grill maker with an unsecured loan of additional $350 million.</p><p>Weber plans to utilize the loan to repay existing debt and fund working capital for the 2023 outdoor cooking season, among other purposes.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grill Maker Weber to Go Private With BDT Capital in $3.7 Bln Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrill Maker Weber to Go Private With BDT Capital in $3.7 Bln Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-12 21:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Weber Inc, known for its domed charcoal grill, said on Monday it had agreed to be taken private by controlling shareholder BDT Capital Partners LLC in a $3.7 billion deal.</p><p>Weber shares surged 22% in pre-market trading.</p><p><img src=\"https://static.tigerbbs.com/8e04f943e47cfea2171975c50c9f1bf6\" tg-width=\"871\" tg-height=\"899\" width=\"100%\" height=\"auto\"/></p><p>BDT, which has a 48.2% stake in Weber, will buy all outstanding shares that it does not already own for $8.05 per share.</p><p>The purchase price represents a 60% premium to Weber&#39;s closing price on Oct. 24, the last trading day before BDT submitted its takeover offer.</p><p>Shares of Weber, which have shed nearly half of their value this year, jumped nearly 22% to $7.90 in premarket trading. As of last close, they had risen over 29% since BDT&#39;s proposal.</p><p>The special committee of independent directors evaluating BDT&#39;s proposal had unanimously approved the deal, which is expected to close in the first half of 2023, Weber said on Monday.</p><p>Palatine, Illinois-based Weber said that as part of the deal, funds managed by BDT will provide the grill maker with an unsecured loan of additional $350 million.</p><p>Weber plans to utilize the loan to repay existing debt and fund working capital for the 2023 outdoor cooking season, among other purposes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4539":"次新股","WEBR":"Weber Inc.","BK4191":"家用电器"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290784862","content_text":"Weber Inc, known for its domed charcoal grill, said on Monday it had agreed to be taken private by controlling shareholder BDT Capital Partners LLC in a $3.7 billion deal.Weber shares surged 22% in pre-market trading.BDT, which has a 48.2% stake in Weber, will buy all outstanding shares that it does not already own for $8.05 per share.The purchase price represents a 60% premium to Weber's closing price on Oct. 24, the last trading day before BDT submitted its takeover offer.Shares of Weber, which have shed nearly half of their value this year, jumped nearly 22% to $7.90 in premarket trading. As of last close, they had risen over 29% since BDT's proposal.The special committee of independent directors evaluating BDT's proposal had unanimously approved the deal, which is expected to close in the first half of 2023, Weber said on Monday.Palatine, Illinois-based Weber said that as part of the deal, funds managed by BDT will provide the grill maker with an unsecured loan of additional $350 million.Weber plans to utilize the loan to repay existing debt and fund working capital for the 2023 outdoor cooking season, among other purposes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":712,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105189993,"commentId":"105189993","gmtCreate":1670940210106,"gmtModify":1670940223026,"authorId":3565700003213382,"author":{"id":3565700003213382,"idStr":"3565700003213382","authorId":3565700003213382,"name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9923509369,"objectIdStr":"9923509369","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}