• All
  • Transaction Details
Consumer | Corporate Finance Advisory

Fedders Completes Recapitalization

  • Fedders Corp. (NYSE: FJC) is a leader in room air conditioning and air treatment with over $400 million in revenue
  • Fedders had two outstanding classes of publicly traded common stock with different voting rights, and retained TM Capital to advise regarding alternatives to simplify its equity structure
  • TM Capital assisted Fedders in structuring and completing a recapitalization whereby the two publicly traded classes of stock were consolidated into a single class of voting common stock
  • TM Capital also provided a fairness opinion to the Board of Directors of Fedders regarding the recapitalization

Share Recapitalization

has converted its two classes of stock into a single class of common stock

Fedders Completes Recapitalization

TM Capital assisted Fedders Corp. (NYSE) in a recapitalization converting its two publicly traded classes of stock into a single voting class of common stock

Details

For more information, contact our consumer team at:

consumer@tmcapital.com

Client Testimonial

”