Canada Goose Soars 15% on Buyout Offers: Would Higher Bidder Emerge?
Canada Goose jumps 16% as it receives take-private bids valuing it roughly at $1.4 billion;
Boyu Capital and Advent International have made verbal offers, valuing Canada Goose at around $1.35 billion. The market is now waiting to see if higher bids will emerge.
Will Anta–the parent company of Arc’teryx–join the bidding? After this sharp rally, is there still room for arbitrage?