Middleby Corp.

NASDAQ:MIDD   3:59:50 PM EDT
190.06
+1.33 (+0.70%)
Other Pre-Announcement, Mergers / Acquisitions

Middleby Will Not Increase Offer To Acquire Welbilt

Published: 07/13/2021 13:08 GMT
Middleby Corp. (MIDD) - Middleby Will Not Increase Offer to Acquire Welbilt.
Middleby Will Not Increase Offer to Acquire Welbilt.
Middleby Corp - Middleby Intends to Allow Merger Agreement to Terminate.
Middleby Corp - $110 Million Termination Fee to Be Paid to Middleby.
Middleby Corp - Will Not Exercise Its Right to Propose Any Modifications to Terms of Merger Agreement and Will Allow Five-day Match Period to Expire.
Middleby Corp - Middleby Expects That Merger Agreement Will Terminate at End of Match Period Today.