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Franchise Group gets $30/share acquisition proposal

Mar. 20, 2023 8:41 AM ETFranchise Group, Inc. (FRG) StockBy: Preeti Singh, SA News Editor78 Comments

Business mergers and acquisitions concept. Share acquisition, asset business acquisition, amalgamation. Business review and development model. The abbreviation M and A on smart background, copy space.

Parradee Kietsirikul

  • Franchise Group (NASDAQ:FRG) has received an unsolicited non-binding proposal to be acquired for a price of $30.00 per share in cash.
  • The unnamed suitor has offered to acquire all of the outstanding shares of the common stock of the company for a price of $30/share in cash.
  • The proposal is up for review by FRG board of directors. The company makes no assurance that the proposal will result in a transaction.

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