The retailer blames poor results on bad weather and a short quarter, but experts see deeper problems.
Mars, one of the world's largest private companies, will shell out $2.9 billion in cash for a large chunk of Procter & Gamble's pet care business, which includes Iams, Eukanuba and Natura.
Mars, the purveyor of Snickers and M&M's, expanded its pet food business on Wednesday with a deal to acquire Procter & Gamble's pet food brands Iams, Eukanuba and Natura for $2.9 billion in cash.
Yet the value of Sears' remaining assets that could be monetized roughly balance out liabilities.
FiveT Capital AG, a Switzerland-based asset management firm, has built up a 12.69% stake in American Apparel, according to a regulatory filing Monday after the troubled apparel retailer succeeded in its latest fund raising attempt.
Though the CEO's hedge fund isn't offering the retailer commercial paper, he wants it to succeed.
Krave Jerky, the maker of all-natural meat snacks, is generating acquisition interest from strategics, and could see its private equity backer Alliance Consumer Growth exit its stake or see a sale of the whole company.
Toys 'R' Us just may have gotten the liquidity it needs to make next Christmas, and a few ones after that, a happy one for tots -- as it reduces debt and revamps its operating procedures.
The IPO of King Digital, maker of the popular video game Candy Crush Saga, soured on its first day of trading as its stock dropped $3.50 or over 15%, to close at $19 per share.
Jakks Pacific, the Malibu, Calif.-based toymaker, is seeking to acquire other toy companies with up to $100 million in sales, says its CFO Joel Bennett.