Winnebago Gets $321.5M Buyout Offer

Winnebago Industries Inc., the largest U.S. motor homes maker, said it received an unsolicited buyout offer from North Street Capital valuing the company at $321.5 million. The company said it has not received sufficient information to deem the $11 per share offer as credible, and asked its shareholders not to take any action.

(Reuters) – Winnebago Industries Inc (WGO.N), the largest U.S. motor homes maker, said it received an unsolicited buyout offer from North Street Capital valuing the company at $321.5 million.

 

The company said it has not received sufficient information to deem the $11 per share offer as credible, and asked its shareholders not to take any action.

 

It said the board will review any additional information relating to offer and respond in due course.

 

(Reporting by A. Ananthalakshmi in Bangalore; Editing by Saumyadeb Chakrabarty)