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05-05-2024, 09:10 AM
https://sg.finance.yahoo.com/news/britis...48205.html
By Yadarisa Shabong
(Reuters) -JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S.
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JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the U.S. firm's last closing price.
According to Librarian Capital's Thread post, Bronte was buying at below 40 dollars. So this is probably a good result for John Hempton
https://www.threads.net/@librarian.capit...6GOoviAZaG
By Yadarisa Shabong
(Reuters) -JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S.
.
.
.
JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the U.S. firm's last closing price.
According to Librarian Capital's Thread post, Bronte was buying at below 40 dollars. So this is probably a good result for John Hempton
https://www.threads.net/@librarian.capit...6GOoviAZaG
https://adragonhoard.blogspot.com
"A fool is someone who knows the price of everything and the value of nothing"
Oscar Wilde
"A fool is someone who knows the price of everything and the value of nothing"
Oscar Wilde