Papa Murphy’s Holdings (FRSH) seeking strategic alternatives

  • November 8, 2018

POTENTIAL DEAL DETAILS

StockPapa Murphy's Holdings, Inc.SymbolFRSH
Date Announced11/07/2018Source Press Release
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 04/11/2019Price at Confirmation: $6.41
Potential Profit: 19.81%Annualized Profit: 46.66%

Papa Murphy’s Holdings, Inc. (FRSH) announced that its Board of Directors is considering a range of financial and strategic alternatives to enhance shareholder value.

Update(s):

April 11, 2019: MTY Food Group Inc. and Papa Murphy’s Holdings, Inc. (FRSH) today announced they have entered into a definitive merger agreement under which MTY would acquire all of the issued and outstanding shares of common stock of Papa Murphy’s for cash consideration of US$6.45 per share, representing total transaction value of approximately US$190.0 million, including Papa Murphy’s net debt outstanding.

 

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