TGH - Why Container Lessor Textainer's Shares Are Jumping Today | Benzinga
Cargo containers leasing company Textainer Group Holdings Ltd (NYSE: TGH) has entered into a definitive agreement to be acquired by Stonepeak, an alternative investment firm specializing in infrastructure and real assets.
Textainer common shareholders will receive $50.00 per share in cash, with the total value of the shares totaling about $2.1 billion.
The transaction represents an enterprise value of approximately $7.4 billion.
The purchase price represents a premium of ...