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Fly News Breaks for February 12, 2016
KR, TFM
Feb 12, 2016 | 06:39 EDT
Piper Jaffray analyst Sean Naughton believes a bidder for The Fresh Market (TFM) may be willing to pay in the range of $24 to $27 per share, but he's not sure the price would be high enough for insiders. The "material valuation discount" between The Fresh Market and other industry participants is drawing a lot of attention, Naughton told investors in a research note after Reuters reported that Kroger (KR) and others are looking at acquiring the company. Naughton has a Neutral rating and $24 price target on The Fresh Market.
News For TFM;KR From the Last 2 Days
KR
Apr 24, 2024 | 15:11 EDT
VP of Kroger, Mary Ellen Adcock, disclosed the sale of 82,806 shares of company stock at $55.61 per share on April 23, for a total transaction amount of $4,605,189.
