Abercrombie & Fitch Co. (ANF) said that it has terminated discussions regarding a potential transaction. The company reported on May 10, 2017 that, after receiving expressions of interest, it had commenced preliminary discussions with …
BIRMINGHAM, Alabama -- The family of Books-A-Million Inc. Chairman Clyde Anderson, which founded the Birmingham retailer, said Monday it wants to buy the rest of the company it doesn't already own in a transaction that values the …
A few of those deals have raised the ire of minority shareholders who were forced to sell their shares at a loss because management launched the buyout when the stock price was depressed. In one recent case, a group of shareholders …
New York — Twitter’s stock briefly spiked on Tuesday after a fake story said the company received a $31 billion buyout offer. The story, which cited “people with knowledge of the situation,” appeared on a website made to look like …
Sallie Mae shareholders yesterday approved the sale of the student loan company to a group of private buyers, but the company's stock continued to trade far below the $60-per-share deal price, indicating that investors doubt the buyout
Trading of Macy’s stock was briefly halted on Friday after its price shot up unusually quickly, a surge that appears to be fueled by a news report that the retailing giant is in preliminary talks to be acquired by Hudson’s Bay, a Canadian …
Specialty retailer Pier 1 Imports' stock price, which has plunged from nearly $20 to under $10 in less than a year, could be making it a buyout target, according to a report in business weekly Barron's. The newspaper said the home furnishings …
HOLLYWOOD — AMC Entertainment is asking shareholders to increase dramatically the number of common shares exhib would have available in the event of a stock-based merger or for converting big blocks of preferred shares into common …
Lawrence Meyers: Walt Disney’s (NYSE:DIS) purchase of ABC in the 1990’s rocked the media markets. The legendary content provider and distributor announced it was making a huge move into television. The move has paid off in spades …
No one is buying Seagate, neither the private equity firms nor Toshiba. The company canceled the buyout talks and initiated a stock repurchase program. After weeks of speculation, Seagate Technology has ended discussions with …