Crumbs Bake Shop, the New York maker of delectable frosted treats, is ceasing operations and looking at a bankruptcy filing.
Sponsors JMI, Hellman & Friedman exit website operator after four years of ownership.
TGI Fridays has been sold by Carlson, a hospitality and travel company, after nearly 40 years of ownership -- to private equity, the companies announced Tuesday.
Owner Glen Taylor fields buyout offers less than two years after a failed attempt to sell the NBA franchise.
Bill Ackman's activist hedge fund Pershing Square Capital Management expects Allergan shareholders will have an opportunity as soon as next month to consider its proposal to have the Irvine, Calif.-based company engage in discussions over Canada's Valeant Pharmaceuticals International's $45 billion hostile acquisition offer.
GitHub, the California-based coding workflow optimization and management tool, has ousted one of its co-founders as a result of allegations about sexual harassment, sources said Monday.
Forbes Media is poised to be acquired by Fosun International, the Chinese conglomerate ending nearly a century of family ownership.
When money management magazine and website Forbes Media LLC is sold, likely to Fosun International Ltd., the Chinese conglomerate that has taken the front-runner position in the company's auction, sources said, it will be for a much lower price than private equity minority stakeholder Elevation Partners LP was hoping to receive.
Gilt Groupe, the New York-based online fashion retailer targeting primarily women from the ages of 25 to 35, is working with Goldman Sachs Group Inc. as it plans an initial public offering for later in 2014, according to a person familiar with the matter.
Icahn's activism seen as potential catalyst for major technology play.