Triumph Group shares surge on go-private deal
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Triumph Group shares surged nearly 35% after announcing a go-private deal with Warburg Pincus and Berkshire Partners, valued at $3 billion. Shareholders will receive $26 per share, a 123% premium over the unaffected closing stock price.
February 03, 2025 | 4:15 pm
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Triumph Group's stock surged 35% following the announcement of a go-private deal with Warburg Pincus and Berkshire Partners, offering a 123% premium to shareholders.
The announcement of a go-private deal typically results in a significant stock price increase due to the premium offered to shareholders. In this case, the 123% premium led to a 35% surge in Triumph Group's stock price.
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