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09.29.20 10:20:20AM
#BWLD Buffalo may not have wings, but the stock does.
Buffalo Wild Wings Inc (BWLD:NASDAQ) share trade up after hours + 27.93% to $150.00, with news the restaurant chain has received a takerover bid valued at more than $2.3 billion or $150/share from private-equity firm Roark Capital Group. Source Wall Street Journal and CNBC. Who is to say Buffalo doesn't have wings? the stock is flying high after hours and shareholders are sipping pina colata for celebration.
Revenue for BWLD has decreased this year from the graph above and here is their last three quarter earning reports https://www.tradersfish.com/earning/display_table/19
Eariler this year, Panera Bread chain bought out by a private company JAB for $7.5 billion deal or $315 in cash per Panera share, representing a 20.3% premium. This lead us to what is the next potential buyout candidates? Here are some restaurants ideas: Cheesecake Factory Inc (CAKE:NASDAQ), Chipotle Mexican Grill inc (CMG:NYSE), Dunkin' Brands Group Inc (DNKN:NASDAQ), Jack in the Box Inc (JACK:NASDAQ), Sonic Corp (SONC:NASDAQ).
For the latest rumors buyout, our full list here. #CMG and #DNKN on the list https://www.tradersfish.com/buyout
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