UBS: There’s a 50% chance the Buffalo Wild Wings takeover goes through (BWLD)
|11/28/2017||Posted by BusinessMediaguide.Com under General World News||
- A Buffalo Wild Wings takeover has only a 50% chance of succeeding, UBS Analyst Dennis Geiger said.
- The wing chain has shown good fundamentals after it changed the price of its wings.
- See the company’s stock price here.
Though Wall Street welcomed the possibility of a Buffalo Wild Wings takeover — gobbling up shares following a report Roark Capital submitted a bid for the chicken wing franchise — the chances of a takeover is just 50%, a UBS analyst said.
Analyst Dennis Geiger believes that while there is solid reasoning for a takeover, the company’s brand “is still strong and read more >>>