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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Yankee Cdle | NYSE:YCC | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jul 2019 to Jul 2024
Jarden Corp. (JAH) unveiled an offering of 11.6 million shares, the proceeds of which will be used to fund part of its acquisition of Yankee Candle.
Shares were down 4.1% to $45.50 in premarket trading. Through Tuesday's close, the stock has risen 2.5% in the past three months.
Jarden on Tuesday confirmed it had agreed to buy the nation's largest maker of scented candles for $1.75 billion in cash, a deal that comes after Yankee Candle's private-equity owners dropped a plan to sell it earlier this year.
Jarden, whose sales were flat at $6.7 billion last year, had said it expects to fund the Yankee Candle purchase with a combination of cash, debt and stock.
The company recently had roughly 112.6 million shares outstanding.
Write to Saabira Chaudhuri at saabira.chaudhuri@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Yankee Cdle Chart |
1 Month Yankee Cdle Chart |
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