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Deal News

It's a Nightmare Before Christmas for These Zombie Retailers

It's a Nightmare Before Christmas for These Zombie Retailers

Once upon a time, struggling retailers could hold out until after the holidays before deciding whether to file for bankruptcy.

11/24/14 - 08:53 AM EST

RenaissanceRe Rolls Up Platinum Underwriters for $1.9 Billion

  • Tickers in this article:
  • RNR
  • PTP

Bermuda-based insurers combine in cash and stock deal.

11/24/14 - 10:29 AM EST

It's a Nightmare Before Christmas for These Zombie Retailers

It's a Nightmare Before Christmas for These Zombie Retailers

Once upon a time, struggling retailers could hold out until after the holidays before deciding whether to file for bankruptcy.

11/24/14 - 08:53 AM EST

Joe's Jeans Fades with Market Demand and Looks for Deal with Lenders

Joe's Jeans Fades with Market Demand and Looks for Deal with Lenders

  • Tickers in this article:
  • JOEZ

The denim apparel maker is in default on its debt for failing to comply with the Ebitda covenant on its term loan.

11/24/14 - 10:14 AM EST

RenaissanceRe Rolls Up Platinum Underwriters for $1.9 Billion

RenaissanceRe Rolls Up Platinum Underwriters for $1.9 Billion

  • Tickers in this article:
  • RNR
  • PTP

Bermuda-based insurers combine in cash and stock deal.

11/24/14 - 10:29 AM EST

Carlyle, Blackstone Load Up on Funds for Long Haul: MergerTalk

  • Tickers in this article:
  • CG
  • BX

Carlyle (CG) reportedly eyes $5B fund for long-haul M&A. Blackstone (BX) also said to be considering similar vehicle.

11/24/14 - 09:32 AM EST

BT Group Considers U.K. 02 Purchase from Spain's Telefonica

BT Group Considers U.K. 02 Purchase from Spain's Telefonica

The former telecom monopoly said it's also received a proposal from shareholders of a rival British cellphone network, widely assumed to be Deutsche Telekom and Orange's EE.

11/24/14 - 09:20 AM EST

Trouble in Casinoland: Caesars, Revel, Trump Entertainment Resorts

  • Tickers in this article:
  • CZR
  • BPY

This week has been jam-packed with new developments from some of the troubled casino operators we're watching: Caesars Entertainment Corp., Revel AC Inc., and Trump Entertainment Resorts Inc.

11/21/14 - 02:00 PM EST

Australian Manufacturing Company Orica Sells Its Chemical Business to Blackstone Group

  • Tickers in this article:
  • BX

After marketing its chemical business for more than a year, Australian manufacturing company Orica Ltd. is selling the unit to funds advised by Blackstone Group LP.

11/21/14 - 11:57 AM EST

Jana Partners Unveils Potential Board Slate for PetSmart

Jana Partners Unveils Potential Board Slate for PetSmart

  • Tickers in this article:
  • PETM

The activist hedge fund, with a 9.8% stake, is pressing the pet supplies chain to put itself up for sale.

11/21/14 - 11:37 AM EST

Dan Loeb Wins Again as Dow Settles Dispute with Third Point

Dan Loeb Wins Again as Dow Settles Dispute with Third Point

  • Tickers in this article:
  • DOW

Chemicals company adds four independent directors, activist investor agrees to one-year standstill.

11/21/14 - 10:23 AM EST

EU Banker-bonus Fight Ends with U.K. Throwing in the Towel

EU Banker-bonus Fight Ends with U.K. Throwing in the Towel

Chancellor of the Exchequer Osborne's climbdown preempts a likely defeat on the issue at the EU's highest court.

11/21/14 - 08:31 AM EST

T-Mobile Could Attract Suitors Again, Deutsche Telekom Says

Companies like Sprint and French wireless provider Iliad tried to purchase T-Mobile in recent months, but their bids were turned down.

11/20/14 - 05:15 PM EST

Delta Awards Airbus 50-Jet Order to Renew Fleet in Snub to Boeing

  • Tickers in this article:
  • BA
  • DAL

Delta Air Lines has reportedly chosen Airbus for an order of 50 wide-body jets worth more than $14 billion at current list prices.

11/20/14 - 02:39 PM EST

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