MONTREAL, August 9th, 2022 – MTY Food Group Inc. (“MTY” or the “Company”) (TSX:MTY) and BBQ Holdings, Inc. (“BBQ Holdings”) (NASDAQ:BBQ) today announced they have entered into a definitive merger agreement (the “Merger Agreement”) under which MTY would acquire all of the issued and outstanding common shares of BBQ Holdings for cash consideration of US$17.25 per BBQ Holdings share representing total transaction value of approximately US$200 million (C$257 million) (the “Transaction”), including BBQ Holdings’ net debt. The terms and conditions of the Merger Agreement were unanimously approved by the Boards of Directors of both companies. The Transaction is subject to customary closing conditions including receipt of applicable regulatory approvals. Upon completion of the Transaction, BBQ Holdings will become a subsidiary of MTY and the shares of BBQ Holdings will be de-listed from NASDAQ.
Related Posts
Hailiang Education Announces Receipt Of Preliminary Non-Binding Proposal From Founder Hailiang Feng To Acquire The Company At $14.31/ADS
Hailiang Education Group Inc. (NASDAQ:HLG), ("Hailiang Education" or the "Company" or "We"), an education and management services provider for primary, middle, and high schools
‘Humana said to be interested in buying Centene’ -Street Insider
https://newsfilter.io/articles/humana-said-to-be-interested-in-buying-centene---street-insider-4d65f45abf4ed9d73599b5dfdf4a8945
Welsbach Technology Metals Acquisition Corp. Announces Extension To Business Combination Deadline To Dec. 30, 2022
New York, NY, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the "Company"), a blank check company formed for the purpose of effecting a merger, share exchange, asset