Showing 1 - 10 of 11
Amazon and Other Potential Suitors Explore Peloton Deal
Business, Cara Lombardo & Miriam Gottfried & Dana Cimilluca, Published on 07/02/2022
» Peloton Interactive Inc is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker's stock slumps and an activist urges it to explore a sale.
Kohl's Gets $9 Billion Bid From Starboard Value Group
Business, Cara Lombardo, Published on 24/01/2022
» A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy department store Kohl's Corp., according to people familiar with the matter.
Kohl's Urged to Consider Sale by Activist Investor
Business, Cara Lombardo, Published on 07/12/2021
» An activist investor is urging department-store chain Kohl's Corp. to consider a sale of the company or a separation of its e-commerce business.
Advent, Permira Near Deal to Buy McAfee for More Than $10 Billion
Business, Cara Lombardo & Miriam Gottfried & Dana Cimilluca, Published on 08/11/2021
» Security-software company McAfee Corp. is nearing a deal to sell itself to a group including private-equity firms Advent International Corp. and Permira for more than $10 billion, according to people familiar with the matter.
Intel CEO Calls Chip Maker 'Willing Buyer' as Industry Consolidates
Business, Asa Fitch & Cara Lombardo, Published on 23/08/2021
» Intel Corp. chief executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate's plan to go public.
Rival Group Makes Fully Financed, Roughly $680 Million Bid for Tribune
Business, Cara Lombardo & Lukas I. Alpert, Published on 06/04/2021
» A Maryland hotel magnate and a Swiss billionaire have made a bid for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it already struck with hedge fund Alden Global Capital LLC.
J.C. Penney in Advanced Talks for Bankruptcy Financing
Business, Cara Lombardo & Alexander Gladstone, Published on 25/04/2020
» J.C. Penney Co. Inc. is in advanced talks for bankruptcy funding with a group of lenders, a sign the troubled retailer is about to succumb to the economic collapse caused by the coronavirus pandemic.
Intuit Near Deal to Buy Credit Karma for $7 Billion
Business, Cara Lombardo & Dana Cimilluca, Published on 25/02/2020
» Intuit Inc. is nearing a deal to buy personal-finance portal Credit Karma Inc. for about $7 billion in cash and stock, in a move that would push the bookkeeping-software giant further into consumer finance, according to people familiar with the matter.
Victoria's Secret to Go Private at $1.1 Billion Valuation
Business, Khadeeja Safdar & Cara Lombardo, Published on 21/02/2020
» L Brands Inc. is near a deal to sell control of Victoria's Secret to a private-equity firm in a transaction that values the lingerie brand at about $1.1 billion, according to people familiar with the matter.
Franklin Resources to Buy Legg Mason for $4.5 Billion
Business, Justin Baer & Cara Lombardo, Published on 20/02/2020
» Franklin Resources Inc. agreed to buy rival asset manager Legg Mason Inc. for $4.5 billion in cash, a deal that could help two big players in an industry that is under pressure from shifting investor tastes.