Content about Mergers and acquisitions

October 31, 2014

Dollar General has extended the deadline for Family Dollar shareholders to approve a buyout deal while it continues to recommend a “no” vote on a competing proposal from Dollar Tree.

September 5, 2014

Family Dollar has rejected the revised proposal made by Dollar General on Sept. 2 on the basis of antitrust regulatory considerations. The Dollar General offer may be financially superior, the dollar store operator noted, but it's not likely to pass muster with the Federal Trade Commission.

September 2, 2014

The Family Dollar board is under new pressure to walk away from a deal with Dollar Tree after Dollar General further increased an already more generous counter offer.

August 18, 2014

Dollar General bid $78.50 for Family Dollar Monday morning in a $9.7 billion deal that exceeds the $74.50 a share Dollar Tree offered for Family Dollar on July 28.

June 20, 2014

Just two weeks after Family Dollar adopted a “poison pill” shareholder’s rights plan, billionaire investor Carl Icahn, who recently disclosed he has a 9.4% stake in the discount retailer, has fired back.

June 13, 2014

It looks like Sycamore Partners, which owns approximately 9.9% of Express’ outstanding shares, is interested in acquiring the retailer.

June 9, 2014

Activist investor Carl Icahn on Friday reported a 9.4% stake in Family Dollar, making him the company’s largest shareholder and prompting concerns of a hostile takeover.

May 19, 2014

Target has appointed Peter Glusker as SVP, new business integration and operations. Glusker will lead the integration of new acquisitions and comes onboard just two weeks after the company announced that Gregg Steinhafel was no longer chairman and CEO.

May 12, 2014

The Hillshire Brands Company is about to expand its already robust portfolio of brands — which includes Jimmy Dean, Hillshire Farm, Birds Eye, Ball Park, Duncan Hines, Vlasic, Wish-Bone, State Fair, Sara Lee frozen bakery, Mrs. Butterworth's and Log Cabin — with the acquisition of Pinnacle Foods in a cash and stock transaction for approximately $6.6 billion.

January 20, 2014

The Federal Trade Commission has granted Kroger and Harris Teeter Supermarkets early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending merger transaction between the two companies.

November 15, 2013

Following a heated back-and-forth between Jos. A. Bank and the Men’s Wearhouse, which culminated in an ultimatum, Jos. A. Bank Clothiers has terminated its acquisition proposal.

October 29, 2013

Fortune Brands Home & Security, a leading home and security products company, has named Jason Baab as VP of mergers and acquisitions. His role will support the company’s growth strategy that includes expanding its portfolio.

August 12, 2013

The field of candidates to serve as CEO of the merged Office Depot and OfficeMax has been narrowed to five with September set as the goal to have an executive in place to lead the $18 billion combined company.

August 12, 2013

David H. Murdock, Dole’s chairman and CEO, has entered into a definitive merger agreement with Dole Food Company to acquire for cash all outstanding shares of Dole common stock not currently held by him and his affiliates.

July 25, 2013

Argonne Capital Group LLC, a private investment firm based in Atlanta, Ga., has entered into a definitive merger agreement with Alco Stores, which will allow Argonne to acquire all outstanding shares of the broad-line retailer’s common stock for $14 per share in cash.

July 22, 2013

The competitive prospects of Spartan Stores and Nash Finch improved considerably on Monday when the two companies agreed to merge and create an enterprise with 177 stores, 22 distribution centers and annual sales of roughly $7.5 billion.

April 30, 2013

Bebe has appointed current principal accounting officer and VP, corporate controller Liyuan Woo as its new CFO.

April 9, 2013

OfficeMax and Office Depot have announced the committee members tasked with overseeing the process to select a CEO for the combined company and selection of the executives who will help to manage the integration planning process.

October 31, 2012

Office Depot's board of directors have approved a rights agreement and declared a dividend distribution of one preferred stock purchase right for each outstanding share of company common stock.

August 3, 2011

Talbots said on Tuesday that its board of directors has adopted a shareholder rights plan -- or a poison pill -- to protect its stockholders after a private equity firm disclosed it had acquired a sizeable stake in the company.

May 11, 2011

Drugstore.com on Tuesday announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the proposed merger by which the company would be acquired by Walgreens in a cash transaction.

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