Weber Receives Acquisition Offer From Their Largest Shareholder

There was a rumor floating around two weeks ago that Weber had received a buyout offer from their largest shareholder. That rumor has proved to be true as BDT Capital Partners has delivered a letter to Weber’s board offering to buy the remaining shares they don’t own for $6.25 a share in cash.

The $6.25 per share price represents a 24% premium on the share price of Weber at market close on October 24th, 2022.