ALPS Barron`s 400 ETF
A Look at Apollo’s Definitive Deal to Acquire The Fresh Market
Apollo Global Management (APO) announced today, March 14, 2016, that it has entered into a definitive agreement to acquire The Fresh Market (TFM).
What’s the Valuation of The Fresh Market Deal?
The transaction value of the deal between Apollo and The Fresh Market stands at $1,334 million. Apollo is paying 7.9x the EBITDA.
Possible Acquisition: Why Is Kroger Interested in The Fresh Market?
The Kroger Company (KR) might be seeking to acquire The Fresh Market (TFM). The Fresh Market’s (TFM) stock rose ~22% on Thursday, February 11, 2016, after the news of Kroger’s bidding hit the market.