BWLD

OUCH!
Buffalo Wild Wings
Glad no one here was short this pig.
Private equity takeover.
Up $30 pre-market.

 

2.3$ billion offer
15.6 MM shares outstanding
That puts the price just under $147.50
Where are they getting $150/share?
Throw in the risk of the deal not going through... Pretty decent short idea up here at $149 imo
That being said... 15% of the shares are short so there will be some buy side pressure at the open.

 

As planned.
$145.90

 

Implies PE sector is flush with cash....

 

Buffalo Wild Wings is getting gobbled up by Arby’s

https://nypost.com/2017/11/28/buffalo-wild-wings-is-getting-bought-by-arbys/

 

Good call @vanzandt

 

The PE world is flush with cash. It can lead to some interesting opportunities if you are properly capitalized.

 

What is the definition of a PE sector / PE world?

 

Private equity : investor groups who buy whole companies for purely financial motives.

 

http://www.brodskysmith.com/cases/buffalo-wild-wings-inc-nasdaq-bwld/