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Roark Capital offers to buy Buffalo Wild Wings - WSJ
November 13, 2017 / 9:54 PM / 10 days ago

Roark Capital offers to buy Buffalo Wild Wings - WSJ

Nov 13 (Reuters) - Restaurant chain Buffalo Wild Wings Inc has received a takeover bid valued at more than $2.3 billion from private-equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Roark made an offer of more than $150 a share in recent weeks, according to the report. (on.wsj.com/2jmdx8l)

Roark Capital declined to comment.

The restaurant chain’s shares rose 27.5 percent to $149.51 after the bell following the report. (Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Shounak Dasgupta)

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