Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

According to WSJ, Blue Apron (APRN) seeking strategic alternatives

  • February 19, 2020


StockBlue Apron Holdings, Inc.SymbolAPRN
Date Announced02/18/2020Source Wall Street Journal
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 09/29/2023Price at Confirmation: $5.59
Potential Profit: 27.92%Annualized Profit: 7.73%

Blue Apron Holdings Inc. (APRN) said it is exploring strategic options including putting itself up for sale, after the meal-kit maker reported more customer defections and another quarterly loss.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.