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Weber buy out in play

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    Weber buy out in play

    Weber's majority shareholder has offered to buy all remaining shares. Stock is up 30%!

    Yahoo Finance Live anchors discuss shares of Weber after its largest shareholder makes an offer to acquire the grill maker.


    #2
    Up 30% after plunging far more since the IPO.

    Comment


    • Murdy
      Murdy commented
      Editing a comment
      So don't short?

    #3
    With all the movin & shakin & buyin & sellin of grill/smoker companies who woulda thunk the Big One would be involved. This will prove to be most interesting.

    Comment


    • ItsAllGoneToTheDogs
      ItsAllGoneToTheDogs commented
      Editing a comment
      it was kinda obvious once they went public around the same time as the gen 1 smokefire debacle

    #4
    As long as the bean counters don’t screw it up.

    Comment


      #5
      The analysts comment; "the results for Weber had been dreadful" since Covid surge in buying applies to the entire industry. The offer is coming from the 80% stakeholder, so seems logical they want the whole enchilada to control their destiny as much as possible.

      Comment

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