Mobile Mini Shares Rally On Report Doneral Group Has Taken Stake

Mobile Mini Inc MINI shares spiked higher after Reuters reported The Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, which has built a stake in the company is pushing to explore a sale.

Mobile Mini has a market capitalization of $1.5 billion and a debt pile of about $900 million.

Some leadership changes at Mobile Mini were announced in May. CEO Erik Olsson will become chairman in October and will be succeeded by the chief operating officer Kelly Williams.

Mobile Mini shares were trading up 4.12% at $34.50 at time of publication. The stock has a 52-week high of $44.56 and a 52-week low of $29.02.

Related Links:

The London And Hong Kong Stock Exchanges Could Merge

Allison Transmission Buys Walker Die Casting And C&R Tool and Engineering For $103M

Posted In: M&ANewsMedia

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.