RTTNews | May 6, 2021 10:53AM EDT

10:52 Thursday, May 6, 2021 (RTTNews.com) - Shares of home dcor superstore At Home Group Inc. (HOME) are up more than 16% Thursday morning after the company announced its decision to be acquired by funds affiliated with Hellman & Friedman (H&F), a private equity firm, in an all-cash transaction valued at $2.8 billion, including the assumption of debt.

As per the deal, At Home shareholders will receive $36 per share, a premium of about 17% to the company's closing stock price of $30.67 on May 4, 2021.

The transaction is expected to close in the third quarter of 2021.

HOME is currently trading at $36.48.

Read the original article on RTTNews ( https://www.rttnews.com/3192582/stock-alert-at-home-group-up-16-as-it-agrees-to-be-acquired.aspx)

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