Bending Spoons Shares Rise 41.44% After Berkshire Financing Deal
Bending Spoons announced a $330 million financing agreement with Berkshire Hathaway. Its shares traded at $53.50, up 41.44%, at 12:35 p.m. ET on October 14; Berkshire's purchase price is $33 a share.
m. ET on October 14. Berkshire's purchase price? Just $33 a share.
That puts the public-market quote roughly 60% above the ne…