These Analysts Cut Their Forecasts On Triumph Group

Triumph Group, Inc. (NYSE:TGI) reached a definitive acquisition agreement with private equity firms, Warburg Pincus and Berkshire Partners.

Valued at roughly $3 billion, the transaction will result in Triumph becoming a privately owned entity which will be jointly managed by Warburg Pincus and Berkshire Partners.

TRIUMPH  shareholders will receive $26.00 per share in cash, representing a premium of about 123% to the unaffected closing stock price of $11.65 per share as of the close on October 9, 2024, the last full trading day before media reports regarding a possible sale transaction. The deal price represents a premium of over ...

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