Jan. 18 at 11:33 a.m.
Filed under:
Litigation,
M&A,
Retail
By Reuters
Clothing retailer J. Crew Group Inc. is set to settle a shareholder lawsuit over its proposed takeover by private equity firms TPG CapitalĀ and Leonard Green & Partners LP.
A $2.86 billion deal to acquire J. Crew was announced on Nov. 23, with TPG Group and Leonard Green & Partners LP agreeing to buy the company for $43.50 a share, a premium of about 15 percent. Get the full story »
Nov. 5, 2010 at 11:18 a.m.
Filed under:
Energy,
Environment,
M&A,
Stock activity
By Reuters
Shares in BP gained on Friday, with traders citing talk that Exxon Mobil was considering a bid for the oil company.
By 10:29 a.m. EDT, BP shares were up 1.1 percent at 450 pence, having hit an intraday high of 451.35 pence on the rumor. Get the full story »
Nov. 3, 2010 at 1:53 p.m.
Filed under:
M&A,
Retail
By Associated Press
Casey’s General Stores Inc. said Wednesday that it has dismissed a $43 per-share takeover bid from 7-Eleven Inc. and ended negotiations with the convenience store operator.
7-Eleven made an initial bid of $40 in September, which it later raised. Casey’s said the latest offer doesn’t reflect the value of the company in ending talks with 7-Eleven. Get the full story »
Oct. 26, 2010 at 10:46 a.m.
Filed under:
Banking,
Chicago executives,
Investing
By Reuters
Shares of Northern Trust Corp. jumped 4.4 percent on Tuesday as talk swirled that HSBC, Europe’s biggest bank, may be planning to make a bid for the U.S. trust bank and investment manager. Get the full story »