NEWS & VIEWS

Global private equity and venture capital news and research

US firm Fenway to acquire 1-800 CONTACTS

6 Jun 2007

US mid-market firm Fenway Partners has agreed to acquire 1-800 CONTACTS for $24.25 per share, representing a premium of approximately 21 per cent over the 1 June 2007 closing share price of $20.08 and a premium of approximately 34 per cent over the average closing share price during the 30 trading days ending 1 June 2007, according to a statement. The total value of the transaction is approximately $340m.

US mid-market firm Fenway Partners has agreed to acquire 1-800 CONTACTS for $24.25 per share, representing a premium of approximately 21 per cent over the 1 June 2007 closing share price of $20.08 and a premium of approximately 34 per cent over the average closing share price during the 30 trading days ending 1 June 2007, according to a statement. The total value of the transaction is approximately $340m.

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014