Blazing Saddles; Dover Saddlery soars on buyout

April 14, 2015 3:44 PM

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Dovery Saddlery DOVR is jumping 67% to $8.37 in Tuesday trading after the equestrian products retailer agreed to a buyout with investment group Webster Capital.

Dover Stephen Day says the deal will help the company expand its retail catalog and chain of 25 stores. “We feel that this will be a win-win outcome for all constituents,” Day said.

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