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Why Is Athletic-Inspired Fashion Retailer Hibbett Stock Jumping Today?

Benzinga

per share in cash, representing an aggregate enterprise value of approximately $1.1 Per share price represents a 21% premium to the April 22, 2024, closing price. Hibbett announced a definitive agreement in which JD Sports Fashion PLC (OTC: JDSPY ) will acquire Hibbett for $87.50

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Electrical Equipment Company Encore Wire Gets Wired For Takeover In €3.9B Deal

Benzinga

The transaction price represents a premium of around 20% to the 30-day volume weighted average share price (VWAP) as of Friday, April 12, 2024, and about 29% to the 90-day VWAP as of the same date. Encore’s implied Enterprise Value (EV) of around €3.9 billion represents a multiple of 8.2x EV/2023A EBITDA and 6.3x

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EQT Stock Downgraded Despite Merger News: Analyst Says Hold Your Horses

Benzinga

The rating downgrade reflects the company’s FY23 reserves, 2024 guidance, and the proposed merger with Equitrans Midstream Corporation (NYSE: ETRN ). Under the terms of the agreement, EQT will acquire Equitrans in an all-stock transaction, which will create a combined company with an enterprise value of over $35 billion.

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Why Southwestern Energy Shares Are Down Today

Benzinga

The all-stock transaction is valued at $7.4 per share, based on Chesapeake's closing price on January 10, 2024. At this exchange ratio and the respective share prices on January 10, 2024, the combined company would have an enterprise value of around $24 billion. billion, or $6.69

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Burger King Parent Restaurant Brands' To Acquire Carrols Restaurant For $1B

Benzinga

The offer represents an aggregate total enterprise value of approximately $1.0 premium to Carrols’ 30-day volume-weighted average price as of January 12, 2024. Restaurant Brands International Inc (NYSE: QSR ) has reached an agreement to acquire all shares of Carrols Restaurant Group Inc (NASDAQ: TAST ) for $9.55

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TFI International Completes Previously Announced Daseke Acquisition for US $8.30 in Cash per Common Share and Closes on US $500 Million Term Loan

Benzinga

MONTREAL, April 01, 2024 (GLOBE NEWSWIRE) -- TFI International Inc. The total enterprise value of the transaction is approximately US $1.1 TSX: TFII ), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Daseke, Inc.

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Why Gaming Audio & Accessory Firm Turtle Beach Shares Are Rocketing Premarket Thursday

Benzinga

Acquisition : The company disclosed the execution of definitive deals to acquire PDP, a gaming accessories provider, at an enterprise value of $118 million. Turtle Beach expects combined company revenues of $390 million to $410 million in the first 12 months of ownership (second-quarter 2024 through first-quarter 2025).