Content about Mergers and acquisitions

April 7, 2014

Signet Jewelers Limited and Zale Corporation have announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed acquisition of Zale by Signet.

February 27, 2014

An overwhelming majority of retail CFOs (96%) expect merger & acquisition (M&A) activity to increase or remain consistent with 2013 levels during 2014.

February 24, 2014

Men's Wearhouse has increased its purchase offer for Jos. A. Bank Clothiers Inc. to $63.50 per share, or about $1.78 billion, from $57.50 per share, or about $1.6 billion.

February 10, 2014

Retail and consumer (R&C) total transaction value in the United States for 2013 surpassed $100 billion for the first time since 2008, according to PwC’s US retail and consumer deals insights 2013 Year in Review and 2014 Outlook report.

January 20, 2014

The Federal Trade Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) with respect to the pending merger transaction between The Kroger Co. and Harris-Teeter Supermarkets, Inc.

January 3, 2014

Preparing for a potential fight against Men’s Wearhouse’s unsolicited acquisition bid, Jos. A. Bank Clothiers is ramping up its "poison pill" defense.

December 13, 2013

Simon Property Group has announced a plan to spin off all of its strip center business along with its smaller enclosed malls into an independent publicly traded REIT called SpinCo.

November 26, 2013

Aeropostale Inc. has adopted a poison pill that would be set into motion if a stockholder buys 10% of the company.

November 6, 2013

Merger and acquisition activity was strong in the retail and consumer industry during the third quarter of 2013.

October 17, 2013

Jos. A. Bank Clothiers Inc. reportedly may consider a hostile takeover bid for Men’s Wearhouse.

September 19, 2013

Rue21 stockholders have approved the previously announced merger agreement under which funds advised by Apax Partners will acquire the shares of Rue21 for $42 per share in cash.

September 17, 2013

Safeway Inc. announced that it has adopted a one-year stockholder rights plan, or a “poison pill,” to discourage an unfriendly takeover.

August 22, 2013

J.C. Penney Co. isn’t taking any chances. The retailer on Thursday announced it has adopted a one-year shareholder’s rights plan to protect itself against any future hostile takeover efforts.

August 16, 2013

Alco Stores reportedly has received a takeover bid from its largest shareholder, Everbright Development Overseas Ltd., which is larger than the bid it received on July 25 from Argonne Capital.

June 10, 2013

OfficeMax shareholders will vote on a proposed merger with Office Depot on July 10, in a special meeting to be in Naperville, Ill.

March 15, 2013

Mergers and acquisitions transaction activity in the U.S. retail sector jumped 39% in 2012 for deals greater than $50 million, while total deal value more than doubled. These gains point to an industry undergoing major changes, one that is attracting considerable interest from a wide range of players.

March 14, 2013

Target Corp. has made two e-commerce acquisitions aimed at expanding its presence in the growing cooking and kitchenware market.

February 20, 2013

OfficeMax Inc. and Office Depot have formally announced an agreement under which the two companies would combine in an all-stock merger that would transform the office supply sector of retail.

January 31, 2013

A report released by PwC found that U.S. retail and consumer merger & acquisition activity in 2012 drove both deal volume and value up from the prior year as the number of larger deals over $1 billion almost doubled.

November 16, 2012

In a letter to Office Depot Inc., activist investor Starboard Value asked the office supply retailer to immediately revoke its poison pill provision on the grounds that it would limit the influence of shareholders.

October 29, 2012

The Home Depot said it has completed its merger transaction with U.S. Home Systems, an exclusive supplier of kitchen and bath refacing products to the home-improvement chain.

October 12, 2012

7-Eleven Inc. announced two acquisitions that will further expand its U.S. store portfolio.

August 22, 2012

The Wet Seal said it has hired financial advisors and adopted a poison pill that discourages an investor from acquiring 10% of the company.

July 6, 2012

Christopher & Banks Corp. has rejected Aria Partners’ unsolicited $64 million takeover offer, saying it was not in the best interest of stockholders.

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