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home / news releases / FRG - Franchise Group Conn's gain on report of potential takeover bids

FRG - Franchise Group Conn's gain on report of potential takeover bids

Franchise Group Inc.

  • Franchise Group (FRG ) rose 1% on a report that its evaluating a management-led takeover. Conn Inc. ( NASDAQ: CONN ) jumped 15% on a report that Franchise Group may be also considering an acquisition of the furniture chain.
  • Franchise Group management, led by CEO Brian Kahn, may pay $30-$35 a share for the company, according to a WSJ report. Talks about a potential deal are said to be at an early stage.
  • The WSJ reported in the same article that Franchise Group ( NASDAQ: FRG ) is separately considering an acquisition of Conn's Inc ( CONN ). Conn's has a market cap of about $215 million.
  • Developing story ...

For further details see:

Franchise Group, Conn's gain on report of potential takeover bids
Stock Information
Company Name: Franchise Group Inc.
Stock Symbol: FRG
Market: NYSE
Website: franchisegrp.com
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