Tag: Mergers and acquisitions
Kohl’s shares surge as takeover offers emerge, suitors include Sycamore
People shop at Kohl's department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California.Liu Guanguan | China News Servi [...]
Disney’s Bob Iger on how to create a success story in the tech era
Disney completed several big deals with big personalities during Bob Iger's tenure, including the acquisitions of Steve Jobs' Pixar and 21tst Centu [...]
Crocs CEO defends $2.5 billion Hey Dude acquisition as shares tumble
Some investors are not seeing the appeal of Crocs' multibillion-dollar deal to buy the casual shoemaker Hey Dude.But Crocs CEO Andrew Rees argues t [...]
Bruce Springsteen is selling his music catalog in massive deal: report
Bruce Springsteen performs at a sound check at the Perth Arena in Perth, Australia.Will Russell | Getty ImagesBruce Springsteen has sold his music [...]
Authentic Brands shelves IPO, to sell $12.7 billion stake to investors
Jamie Salter, chairman and chief executive of Authentic Brands Group LLC.Norm Betts | Bloomberg | Getty ImagesRetail conglomerate Authentic Brands [...]
Burger King parent Restaurant Brands International buys Firehouse Subs for $1 billion
Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion.Shares of the restaurant conglomerate r [...]
(RENT) starts trading on Nasdaq
Rent the Runway shares started trading Wednesday at $23 apiece, or 9% above its initial public offering price of $21. That gave the fashion rental [...]
Salad chain Sweetgreen files to go public
A Sweetgreen location in Bethesda, Maryland.Jeffrey MacMillan | Getty ImagesSalad chain Sweetgreen filed Monday to go public on the New York Stock [...]
Spanx founder Sara Blakely says business will to expand to denim and more
Spanx is famous for its form-fitting shapewear. But according to founder Sara Blakely, it's making a huge push into other categories of apparel — i [...]
Mindbody buys workout sign-up platform ClassPass in all-stock deal
With attendance to in-person fitness classes on the rebound, Mindbody said it will acquire ClassPass in an all-stock deal.Mindbody is often describ [...]
Walgreens buys majority stake in primary care company VillageMD
Walgreens and VillageMDSource: WalgreensWalgreens Boots Alliance said Thursday that it has agreed to become the majority owner of VillageMD, as it [...]
Activist Jana takes stake in Macy’s, urges digital biz spin
Macy's store in Herald Square in New York.Scott Mlyn | CNBCActivist investor Jana Partners has taken a stake in Macy's and sent a letter to the dep [...]
Best Buy is acquiring British health-care company Current Health
An employee brings a television to a customer's car at a Best Buy store in Orlando, Florida.Paul Hennessy | SOPA Images | LightRocket | Getty Image [...]
SoftBank-backed Indian start-up Oyo files for $1.2 billion IPO
An OYO Rooms logo seen displayed on a smartphone.SOPA Images | LightRocket | Getty ImagesIndian hotel chain Oyo is planning to raise about 84.3 bil [...]
Warby Parker soared in its market debut, setting a high bar for online retailers
Co-CEOs, Neil Blumenthal & Dave Gilboa of Warby Parker at the NYSE, September 29, 2021.Source: NYSEWarby Parker's debut Wednesday set a good pr [...]