Shares of
Textainer Group Holdings
spiked Monday after the shipping-container lessor was offered an all-cash deal to go private.
Textainer
(ticker: TGH) jumped 42% to $48.58 in premarket trading. Investment firm Stonepeak agreed to buy out Textainer shareholders for $50 a share, a 46% premium on Friday’s closing price. The $2.1 billion deal gives Textainer an enterprise value of more than $7 billion if debt is included.
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