Why Welbilt Stock Jumped Over 30% Today_老虎社区_美港股上老虎

Why Welbilt Stock Jumped Over 30% Today

Motley Fool2021-04-21

What happened Shares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...

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Kristo
·2021-04-22
Good
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nujnay
·2021-04-22
hello like and comment
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JASLIM
·2021-04-22
Good
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  2021-04-22
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IamBolt
·2021-04-22
Like and comment
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KCNG
·2021-04-22
Wow
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Ahjennn
·2021-04-22
Comment back pls
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- Kristo:
  sure
  2021-04-22
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WWTan
·2021-04-22
Pls like and comment.
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huathuatzai
·2021-04-22
Thanks for sharing
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- Kristo:
  yea
  2021-04-22
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T2C
·2021-04-22
Yes
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lfc
·2021-04-22
Like and reply please
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lfc
·2021-04-22
God read
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Zac1993
·2021-04-22
Wow
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Ccl2
·2021-04-22
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phantom74
·2021-04-22
Volatile
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AhCSL
·2021-04-22
Why
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Lcc73
·2021-04-22
Ok like and comment
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PooYen
·2021-04-22
Please like and comment. Thanks. [Smile] [Smile]
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Koyuki
·2021-04-22
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AngelaChan
·2021-04-22
Interesting
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小白添祥
·2021-04-22
Kindly give me a like & a comment please, thank you very much.
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Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MIDD","symbol_name":"The Middleby Corporation","start_time":0,"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","article_id":"2129774288","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","pubTimestamp":1619019000,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The commercial foodservice company is being acquired by a larger competitor.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MIDD":"The Middleby Corporation"},"translate_title":"为什么Welbilt股价今天暴涨30%以上","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MIDD":0.9},"content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. 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Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378434207,"gmtCreate":1619054623909,"gmtModify":1634288910530,"author":{"id":"3562385137512604","authorId":"3562385137512604","name":"nujnay","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3562385137512604","idStr":"3562385137512604"},"htmlText":"hello like and comment&nbsp;","listText":"hello like and comment&nbsp;","text":"hello like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378434207","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378240579,"gmtCreate":1619047756391,"gmtModify":1634289034007,"author":{"id":"3569395672897883","authorId":"3569395672897883","name":"JASLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3569395672897883","idStr":"3569395672897883"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/378240579","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096963,"gmtCreate":1619047821752,"gmtModify":1635514458999,"authorId":3564539038897071,"author":{"id":3564539038897071,"idStr":"3564539038897071","authorId":3564539038897071,"name":"KCNG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378240579,"type":1,"supId":0,"prevId":0,"content":"<u>Yes</u>","text":"<u>Yes</u>","html":"<u>Yes</u>"},{"id":4096970,"gmtCreate":1619047842196,"gmtModify":1635514458396,"authorId":3562552956363065,"author":{"id":3562552956363065,"idStr":"3562552956363065","authorId":3562552956363065,"name":"Hamsterwan","avatar":"https://static.tigerbbs.com/a386beb727f5f9152025be30073c81a3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378240579,"type":1,"supId":4096963,"prevId":0,"content":"<u>haha</u>","text":"<u>haha</u>","html":"<u>haha</u>"},{"id":4096992,"gmtCreate":1619047945033,"gmtModify":1635514456248,"authorId":3569395672897883,"author":{"id":3569395672897883,"idStr":"3569395672897883","authorId":3569395672897883,"name":"JASLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378240579,"type":1,"supId":0,"prevId":0,"content":"<u>lol</u>","text":"<u>lol</u>","html":"<u>lol</u>"}],"langContent":"EN"},{"id":378254875,"gmtCreate":1619047639797,"gmtModify":1634289036112,"author":{"id":"3577616645019427","authorId":"3577616645019427","name":"IamBolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3577616645019427","idStr":"3577616645019427"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/378254875","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096975,"gmtCreate":1619047853071,"gmtModify":1635514457897,"authorId":3562552956363065,"author":{"id":3562552956363065,"idStr":"3562552956363065","authorId":3562552956363065,"name":"Hamsterwan","avatar":"https://static.tigerbbs.com/a386beb727f5f9152025be30073c81a3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378254875,"type":1,"supId":0,"prevId":0,"content":"<u>haha</u>","text":"<u>haha</u>","html":"<u>haha</u>"},{"id":4097928,"gmtCreate":1619051365791,"gmtModify":1635514366977,"authorId":3577452840121872,"author":{"id":3577452840121872,"idStr":"3577452840121872","authorId":3577452840121872,"name":"Cayenne_m","avatar":"https://static.tigerbbs.com/5fb115c55cb20d4b6b31b52b33c1f005","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378254875,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"}],"langContent":"EN"},{"id":378253048,"gmtCreate":1619047384884,"gmtModify":1634289042351,"author":{"id":"3564539038897071","authorId":"3564539038897071","name":"KCNG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3564539038897071","idStr":"3564539038897071"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/378253048","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096860,"gmtCreate":1619047403032,"gmtModify":1635514469073,"authorId":3564539038897071,"author":{"id":3564539038897071,"idStr":"3564539038897071","authorId":3564539038897071,"name":"KCNG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378253048,"type":1,"supId":0,"prevId":0,"content":"<u>Yes</u>","text":"<u>Yes</u>","html":"<u>Yes</u>"},{"id":4096889,"gmtCreate":1619047523656,"gmtModify":1635514466209,"authorId":3569395672897883,"author":{"id":3569395672897883,"idStr":"3569395672897883","authorId":3569395672897883,"name":"JASLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378253048,"type":1,"supId":4096860,"prevId":0,"content":"<u>lol</u>","text":"<u>lol</u>","html":"<u>lol</u>"}],"langContent":"EN"},{"id":378259159,"gmtCreate":1619047347671,"gmtModify":1634289042826,"author":{"id":"3577578440393201","authorId":"3577578440393201","name":"Ahjennn","avatar":"https://static.tigerbbs.com/6f889035f499e201d659d4e8e4b6671a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3577578440393201","idStr":"3577578440393201"},"htmlText":"Comment back pls","listText":"Comment back pls","text":"Comment back pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/378259159","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4098719,"gmtCreate":1619054637648,"gmtModify":1635514289008,"authorId":3557634928383187,"author":{"id":3557634928383187,"idStr":"3557634928383187","authorId":3557634928383187,"name":"Kristo","avatar":"https://static.tigerbbs.com/07075676425d47f31685477722d0d415","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378259159,"type":1,"supId":0,"prevId":0,"content":"sure","text":"sure","html":"sure"}],"langContent":"EN"},{"id":378221011,"gmtCreate":1619046934733,"gmtModify":1634289049936,"author":{"id":"3581679936650072","authorId":"3581679936650072","name":"WWTan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581679936650072","idStr":"3581679936650072"},"htmlText":"Pls like and comment.","listText":"Pls like and comment.","text":"Pls like and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/378221011","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096743,"gmtCreate":1619046999941,"gmtModify":1635514480370,"authorId":3570424148942091,"author":{"id":3570424148942091,"idStr":"3570424148942091","authorId":3570424148942091,"name":"Fredwkh","avatar":"https://static.tigerbbs.com/301d103aff8ff9955978aa630ee85588","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378221011,"type":1,"supId":0,"prevId":0,"content":"Pls like in return","text":"Pls like in return","html":"Pls like in return"},{"id":4096753,"gmtCreate":1619047052042,"gmtModify":1635514479362,"authorId":3579263894255367,"author":{"id":3579263894255367,"idStr":"3579263894255367","authorId":3579263894255367,"name":"Sheryl04","avatar":"https://static.tigerbbs.com/cb46b4965d4b2d0792ca657332a149a5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378221011,"type":1,"supId":0,"prevId":0,"content":"Please Reply to my comment","text":"Please Reply to my comment","html":"Please Reply to my comment"}],"langContent":"EN"},{"id":378223666,"gmtCreate":1619046913055,"gmtModify":1634289050495,"author":{"id":"3581502238797257","authorId":"3581502238797257","name":"huathuatzai","avatar":"https://static.tigerbbs.com/c0fb165c2be9d89a8dbaf946657871b2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581502238797257","idStr":"3581502238797257"},"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/378223666","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4098727,"gmtCreate":1619054666297,"gmtModify":1635514288265,"authorId":3557634928383187,"author":{"id":3557634928383187,"idStr":"3557634928383187","authorId":3557634928383187,"name":"Kristo","avatar":"https://static.tigerbbs.com/07075676425d47f31685477722d0d415","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378223666,"type":1,"supId":0,"prevId":0,"content":"yea","text":"yea","html":"yea"}],"langContent":"EN"},{"id":378268131,"gmtCreate":1619046409623,"gmtModify":1634289057056,"author":{"id":"3576917742134919","authorId":"3576917742134919","name":"T2C","avatar":"https://static.tigerbbs.com/18720cb4368721ede0a87e57a36d26df","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576917742134919","idStr":"3576917742134919"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378268131","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378282575,"gmtCreate":1619045829797,"gmtModify":1634289062392,"author":{"id":"3581548490826504","authorId":"3581548490826504","name":"lfc","avatar":"https://static.tigerbbs.com/b4b2090d7d1e1d6aeaf607ff329136ac","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3581548490826504","idStr":"3581548490826504"},"htmlText":"Like and reply please","listText":"Like and reply please","text":"Like and reply please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/378282575","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096505,"gmtCreate":1619045846304,"gmtModify":1635514503166,"authorId":3555362771681553,"author":{"id":3555362771681553,"idStr":"3555362771681553","authorId":3555362771681553,"name":"selwyn","avatar":"https://static.tigerbbs.com/a7e6473ec2cec348d167d7d95fbdb76c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378282575,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":4096516,"gmtCreate":1619045907302,"gmtModify":1635514502163,"authorId":3581548490826504,"author":{"id":3581548490826504,"idStr":"3581548490826504","authorId":3581548490826504,"name":"lfc","avatar":"https://static.tigerbbs.com/b4b2090d7d1e1d6aeaf607ff329136ac","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378282575,"type":1,"supId":4096505,"prevId":0,"content":"<u>thanks</u>","text":"<u>thanks</u>","html":"<u>thanks</u>"},{"id":4096545,"gmtCreate":1619046044182,"gmtModify":1635514498659,"authorId":3567652695695694,"author":{"id":3567652695695694,"idStr":"3567652695695694","authorId":3567652695695694,"name":"Fionfion82","avatar":"https://static.tigerbbs.com/22ca6345985b52ec868cac92aafafdc1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378282575,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":4096732,"gmtCreate":1619046951147,"gmtModify":1635514481628,"authorId":3581679936650072,"author":{"id":3581679936650072,"idStr":"3581679936650072","authorId":3581679936650072,"name":"WWTan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378282575,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":378289475,"gmtCreate":1619045540397,"gmtModify":1634289066737,"author":{"id":"3581548490826504","authorId":"3581548490826504","name":"lfc","avatar":"https://static.tigerbbs.com/b4b2090d7d1e1d6aeaf607ff329136ac","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3581548490826504","idStr":"3581548490826504"},"htmlText":"God read","listText":"God read","text":"God read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378289475","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378237669,"gmtCreate":1619044427951,"gmtModify":1634289076853,"author":{"id":"3557650405961407","authorId":"3557650405961407","name":"Zac1993","avatar":"https://static.tigerbbs.com/ee58b984f16e95779aa76530f52e1fe6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3557650405961407","idStr":"3557650405961407"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/378237669","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096548,"gmtCreate":1619046050717,"gmtModify":1635514498409,"authorId":3567652695695694,"author":{"id":3567652695695694,"idStr":"3567652695695694","authorId":3567652695695694,"name":"Fionfion82","avatar":"https://static.tigerbbs.com/22ca6345985b52ec868cac92aafafdc1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378237669,"type":1,"supId":0,"prevId":0,"content":"👍🏻","text":"👍🏻","html":"👍🏻"}],"langContent":"EN"},{"id":378236950,"gmtCreate":1619044063270,"gmtModify":1634289080332,"author":{"id":"3581493206135613","authorId":"3581493206135613","name":"Ccl2","avatar":"https://static.tigerbbs.com/d42f34da4e87e15b0fca1740d5c0310a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581493206135613","idStr":"3581493206135613"},"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/378236950","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096270,"gmtCreate":1619044336761,"gmtModify":1635514523550,"authorId":3573634322541563,"author":{"id":3573634322541563,"idStr":"3573634322541563","authorId":3573634322541563,"name":"Zfron","avatar":"https://static.tigerbbs.com/70ecdc2067440ea2fe4b2c600ae46f73","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378236950,"type":1,"supId":0,"prevId":0,"content":"Comment back plS","text":"Comment back plS","html":"Comment back plS"}],"langContent":"EN"},{"id":378294173,"gmtCreate":1619043221592,"gmtModify":1634289085261,"author":{"id":"3570342809089528","authorId":"3570342809089528","name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3570342809089528","idStr":"3570342809089528"},"htmlText":"Volatile","listText":"Volatile","text":"Volatile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378294173","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378292639,"gmtCreate":1619042974021,"gmtModify":1634289086812,"author":{"id":"3581755931051558","authorId":"3581755931051558","name":"AhCSL","avatar":"https://static.tigerbbs.com/e339eef227c28073a8900c75adf5f329","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581755931051558","idStr":"3581755931051558"},"htmlText":"Why","listText":"Why","text":"Why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378292639","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378204407,"gmtCreate":1619042269909,"gmtModify":1634289093725,"author":{"id":"3564712937580301","authorId":"3564712937580301","name":"Lcc73","avatar":"https://static.tigerbbs.com/72523840e673b42dada1978a1dc74033","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3564712937580301","idStr":"3564712937580301"},"htmlText":"Ok like and comment","listText":"Ok like and comment","text":"Ok like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/378204407","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096288,"gmtCreate":1619044495897,"gmtModify":1635514521797,"authorId":3574929829220175,"author":{"id":3574929829220175,"idStr":"3574929829220175","authorId":3574929829220175,"name":"nicholastsj","avatar":"https://static.tigerbbs.com/d43d1a543e192369160adfc42ef5e783","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378204407,"type":1,"supId":0,"prevId":0,"content":"please reply to comment","text":"please reply to comment","html":"please reply to comment"}],"langContent":"EN"},{"id":378202405,"gmtCreate":1619042007507,"gmtModify":1634289095995,"author":{"id":"3576743360399762","authorId":"3576743360399762","name":"PooYen","avatar":"https://static.tigerbbs.com/90f2bad6620330727869f3a5a51a046a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3576743360399762","idStr":"3576743360399762"},"htmlText":"Please like and comment. Thanks. [Smile] [Smile]","listText":"Please like and comment. Thanks. [Smile] [Smile]","text":"Please like and comment. Thanks. [Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/378202405","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096272,"gmtCreate":1619044349871,"gmtModify":1635514523300,"authorId":3573634322541563,"author":{"id":3573634322541563,"idStr":"3573634322541563","authorId":3573634322541563,"name":"Zfron","avatar":"https://static.tigerbbs.com/70ecdc2067440ea2fe4b2c600ae46f73","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378202405,"type":1,"supId":0,"prevId":0,"content":"Okcomment back pls","text":"Okcomment back pls","html":"Okcomment back pls"},{"id":4112834,"gmtCreate":1619174712965,"gmtModify":1635513154648,"authorId":3576743360399762,"author":{"id":3576743360399762,"idStr":"3576743360399762","authorId":3576743360399762,"name":"PooYen","avatar":"https://static.tigerbbs.com/90f2bad6620330727869f3a5a51a046a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378202405,"type":1,"supId":4096272,"prevId":0,"content":"[Smile][Smile]","text":"[Smile][Smile]","html":"[Smile][Smile]"},{"id":4112835,"gmtCreate":1619174724976,"gmtModify":1635513154525,"authorId":3576743360399762,"author":{"id":3576743360399762,"idStr":"3576743360399762","authorId":3576743360399762,"name":"PooYen","avatar":"https://static.tigerbbs.com/90f2bad6620330727869f3a5a51a046a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378202405,"type":1,"supId":4096272,"prevId":0,"content":"[Happy][Happy]","text":"[Happy][Happy]","html":"[Happy][Happy]"}],"langContent":"EN"},{"id":378202370,"gmtCreate":1619041957290,"gmtModify":1634289096471,"author":{"id":"3581996831314825","authorId":"3581996831314825","name":"Koyuki","avatar":"https://static.tigerbbs.com/30e01f5669c54a7e18128188a9718cfc","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3581996831314825","idStr":"3581996831314825"},"htmlText":"👌🏻👍🏻","listText":"👌🏻👍🏻","text":"👌🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378202370","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378206382,"gmtCreate":1619041791246,"gmtModify":1634289097425,"author":{"id":"3581927959461394","authorId":"3581927959461394","name":"AngelaChan","avatar":"https://static.tigerbbs.com/89cd9fc4748e9cc19bd2df211f8ced9c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581927959461394","idStr":"3581927959461394"},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/378206382","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":378201493,"gmtCreate":1619041649512,"gmtModify":1634289098506,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"小白添祥","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3571345352614779","idStr":"3571345352614779"},"htmlText":"Kindly give me a like &amp; a comment please, thank you very much.&nbsp;","listText":"Kindly give me a like &amp; a comment please, thank you very much.&nbsp;","text":"Kindly give me a like & a comment please, thank you very much.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/378201493","repostId":2129774288,"repostType":4,"repost":{"id":"2129774288","pubTimestamp":1619019000,"share":"https://www.laohu8.com/m/news/2129774288?lang=&edition=full","pubTime":"2021-04-21 23:30","market":"us","language":"en","title":"Why Welbilt Stock Jumped Over 30% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129774288","media":"Motley Fool","summary":"The commercial foodservice company is being acquired by a larger competitor.","content":"<h2>What happened</h2>\n<p>Shares of commercial foodservice company <b>Welbilt</b> (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor <b>Middleby</b> (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good <a href=\"https://laohu8.com/S/AONE\">one</a> for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.</p>\n<h2>So what</h2>\n<p>Middleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622284%2Fmiddlebyviking.png&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Middleby.</p>\n<h2>Now what</h2>\n<p>Welbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate <b>Manitowic</b>&nbsp;in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.</p>\n<p>Middleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.</p>\n<p>Investors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Welbilt Stock Jumped Over 30% Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Welbilt Stock Jumped Over 30% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MIDD":"The Middleby Corporation"},"source_url":"https://www.fool.com/investing/2021/04/21/why-welbilt-stock-jumped-over-30-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129774288","content_text":"What happened\nShares of commercial foodservice company Welbilt (NYSE:WBT) soared Wednesday morning after it announced plans to be acquired by larger competitor Middleby (NASDAQ:MIDD). Investors think the combination that will create a kitchen equipment supply leader in the commercial foodservice space is a good one for shareholders of both companies. As of 10:55 a.m. EDT, shares of Welbilt were up about 36% and those of Middleby were trading about 3.4% higher.\nSo what\nMiddleby will purchase Welbilt in an all-stock transaction for an amount equal to $4.3 billion, including debt. The figure represents a 28% premium to Welbilt's 30-day average share price. Once closed, Middleby shareholders will own approximately 76%, and Welbilt shareholders will own approximately 24% of the combined company.\n\nImage source: Middleby.\nNow what\nWelbilt has been in the food industry for 85 years, and was spun off from industrial conglomerate Manitowic in 2016. The company will join the commercial foodservice segment of Middleby. Combined, the companies had total sales of $3.7 billion in 2020, with 73% coming from that foodservice segment. Middleby also has a food processing group, and residential kitchen equipment that includes the Viking brand.\nMiddleby's strategy has been to acquire related businesses and integrate them to expand its technologies and offerings to customers, while lowering operating costs. Since 2018, Middleby has made more than 20 acquisitions. The company said within three years of completing the Welbilt acquisition, the company will be able to realized $100 million in annual savings.\nInvestors seem to like the potential savings and opportunities the combined companies will have to grow. The all-stock structure will also give Middleby flexibility to spend on research and development or future acquisitions. Investors don't seem to mind the added dilution, with Middleby shares also rising today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4096055,"gmtCreate":1619042016460,"gmtModify":1635514541771,"authorId":3576743360399762,"author":{"id":3576743360399762,"idStr":"3576743360399762","authorId":3576743360399762,"name":"PooYen","avatar":"https://static.tigerbbs.com/90f2bad6620330727869f3a5a51a046a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378201493,"type":1,"supId":0,"prevId":0,"content":"[Smile][Smile]","text":"[Smile][Smile]","html":"[Smile][Smile]"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":140,"commentSize":33,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}