Tue, Mar. 24, 6:25 PM
- Queijo Holding, a company representing Brazilian Fast Food (OTCPK:BOBS) shareholders possessing a controlling interest, is taking the company private for $18.30/share, or $148.3M, in cash.
- The price represents an 11% premium to the Brazilian fast food chain owner's Tuesday close. The deal is expected to close in Q2.
Jun. 4, 2013, 2:43 PMShares of Brazil Fast Food (BOBS.OB +7.7%) rise sharply in characteristically thin trading after SA Pro contributor Nick Ghattas says the company "is about to become a cash cow [and has] significant competitive advantages" in an article published today (still under embargo). | Jun. 4, 2013, 2:43 PM | Comment!
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