Casper Sleep (CSPR) to be acquired by Durational Capital Management for $6.90 per share

  

Casper Sleep to be acquired by Durational Capital Management for $6.90 per share in cash 

Casper's Board of Directors has unanimously approved the transaction and recommends that Casper stockholders approve the transaction and adopt the merger agreement. The transaction is expected to close in the first quarter of 2022 and is subject to customary closing conditions, including Casper stockholder approval. Officers and directors of Casper and affiliated investors, who in the aggregate own or control approximately 28% of the Company's outstanding shares, have agreed to vote in favor of the transaction. Upon closing the transaction, Casper will operate as a privately-held company and will remain based in New York.

=Bojangles (BOJA) to be taken private for $16.10 a share

    

Bojangles' Inc. (BOJA) has reached agreement to be acquired by investment firm Durational Capital Management LP and The Jordan Company L.P., in an all-cash deal. The restaurant chain's shareholders will receive $16.10 per share, equal to a 39% premium over the closing share price as of Feb. 12, a day before speculation of a deal was first mooted. It is a 16% premium over the closing share price on Sept. 27, a day before a published report that Bojangles' was exploring strategic alternatives. Bojangles' will continue to be run as an independent, privately held company based in Charlotte, N.C. The company will no longer hold its fiscal third-quarter earnings call on Nov. 4, but will issue an earnings release after market close on Nov. 8.