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Deal News

Family Dollar, In A Negotiating Tactic, Rejects Dollar General Offer

Family Dollar, in a possible negotiating tactic, has rejected Dollar General's $9.6 billion offer, citing antitrust concerns.

08/21/14 - 01:32 PM EDT

Family Dollar Rejects Dollar General Bid

Target mentions antitrust concerns as spurned suitor implies CEO position was a stumbling block.

08/21/14 - 12:33 PM EDT

Bank of America Pays Record $17B for Toxic Mortgages

Bank of America Pays Record $17B for Toxic Mortgages

  • Tickers in this article:
  • BAC

Government doesn't accept bank's argument that it wasn't responsible for Merrill Lynch and Countrywide, two lenders it acquired during the financial crisis.

08/21/14 - 11:34 AM EDT

Family Dollar Rejects Dollar General Bid

Family Dollar Rejects Dollar General Bid

Target mentions antitrust concerns as spurned suitor implies CEO position was a stumbling block.

08/21/14 - 12:33 PM EDT

New York Islanders' Owner Sells Minority Stake Before Move

With their much anticipated move to Brooklyn's Barclay's center from their Long Island home, the New York Islanders are up for change.

08/20/14 - 03:18 PM EDT

Carl Icahn Takes Stake in Hertz Amid Accounting Woes

Carl Icahn Takes Stake in Hertz Amid Accounting Woes

  • Tickers in this article:
  • HTZ

Carl Icahn has taken an over 8% stake in Hertz Global Holdings and said he may seek seats on the company’s board of directors.

08/20/14 - 04:14 PM EDT

PetSmart Shops Assets Amid Activist Pressure

PetSmart Shops Assets Amid Activist Pressure

  • Tickers in this article:
  • PETM
  • JPM

With Jana Partners hovering, math makes sense for deal, especially an LBO.

08/20/14 - 11:23 AM EDT

Intel Seen Acquiring MediaTek Within Three Years

Intel Seen Acquiring MediaTek Within Three Years

RBC Capital Markets analyst Doug Freedman says Intel can pay around $27 billion to buy wireless chipmaker MediaTek.

08/20/14 - 11:59 AM EDT

NII Holdings Sells Chilean Subsidiary

NII Holdings Sells Chilean Subsidiary

  • Tickers in this article:
  • NIHD

NII Holdings, which provides wireless services in Latin America under the Nextel brand, is in the midst of an ongoing restructuring effort.

08/20/14 - 09:55 AM EDT

Microsoft Won’t Imminently Replace Steve Ballmer on Board

Microsoft Won’t Imminently Replace Steve Ballmer on Board

  • Tickers in this article:
  • MSFT

Microsoft won’t imminently announce a board replacement to Steve Ballmer, according to a source familiar with the company's thinking.

08/19/14 - 04:43 PM EDT

Wayfair Files for IPO, Plans to Become Single Letter Ticker Symbol

Online home products retailer Wayfair plans to launch IPO that will raise $350 million in its debut.

08/19/14 - 12:04 PM EDT

Judge approves Crumbs bidding procedures

Judge approves Crumbs bidding procedures

  • Tickers in this article:
  • CRMB

The cupcake retailer will kick off a scheduled Aug. 21 auction with a $6.64 million credit bid from Lemonis Fischer Acquisition.

08/19/14 - 12:07 PM EDT

Bidders are Looking to Gobble up Cupcake Retailer Crumbs

  • Tickers in this article:
  • CRMBQ

Crumbs Bake Shop Inc. is set to go to auction on Aug. 21, if competing bids are received by Aug. 19.

08/19/14 - 11:02 AM EDT

Sycamore Shops Stuart Weitzman

Sycamore Shops Stuart Weitzman

Taps Goldman and Citigroup to run auction for the upscale footwear retailer it acquired in its $2.2 billion deal for Jones Group.

08/19/14 - 11:26 AM EDT

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