Briggs & Stratton Corporation (BGG): Price and Financial Metrics
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BGG Price/Volume Stats
|Current price||$0.78||52-week high||$9.97|
|Prev. close||$0.78||52-week low||$0.72|
|Day high||$0.78||Avg. volume||2,090,088|
|50-day MA||$1.58||Dividend yield||N/A|
|200-day MA||$3.72||Market Cap||32.98M|
Briggs & Stratton Corporation (BGG) Company Bio
Briggs & Stratton designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment. It operates in two segments, Engines and Products. The company was founded in 1908 and is based in Wauwatosa, Wisconsin.
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Below are the latest news stories about Briggs & Stratton Corp that investors may wish to consider to help them evaluate BGG as an investment opportunity.
The buyer is KPS Capital Partners (stalking-horse bidder).Alongside the Chapter 11 filing, the company has secured $677.5M in debtor-in-possession financing.Source: Press Release[[BGG]] -6.5% premarket to $0.73....
KPS Capital Partners, a private equity firm, has entered into an agreement to buy the assets of the 112-year-old company for $550 million.
Briggs & Stratton Corp. has filed for bankruptcy protection and agreed to sell assets to KPS Capital Partners LP as the company has faced declining sales and losses since the onset of the coronavirus pandemic.
Briggs & Stratton Corp., billed as the world’s largest manufacturer of small gas engines, has filed for bankruptcy protection citing challenges due to the coronavirus pandemic
World's Largest Producer Of Small Gasoline Engines Files For Bankruptcy Tyler Durden Mon, 07/20/2020 - 22:30 Briggs & Stratton Corporation, the world's largest manufacturer of small gasoline engines with headquarters in Wauwatosa, Wisconsin, filed petitions on Monday morning for a court-supervised voluntary reorganization under Chapter 11, along with plans to sell "all the company's assets" to KPS Capital Partners. The Fortune 1000 manufacturer of gasoline engines was able to secure a $677.5 million in Debtor-In-Possession (DIP) financing to support operations through reorganization efforts. The Company also said it "entered into a definitive stock and asset purchase agreement with KPS." To facilitate the sale process and address its debt obligations, the Company has filed petitions for...
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