When Google (GOOG) offered to buy Groupon for $6 billion, board members stood to make millions of dollars each. Co-founders Brad Keywell and Eric Lefkofsky could have walked away with $2.4 billion between them.
So why did they say no?
The answer, it…
Dell confirmed Thursday it’s in exclusive buyout talks with Compellent Technologies, but the proposed buyout price for the data storage company is apparently less than what investors were betting on. Compellent shares fell as m…
Shares of luxury-goods maker Burberry (BRBY) jumped as much as 6.5% Wednesday on speculation of a potential buy-out.
The stock rose as high 1,204 pence, putting the company’s value at 5 billion pounds ($7.9 billion), Reuters reported.
Market player…
Fortune Brands (FO), maker of Jim Beam whisky, plans to split into three separate units.
Fortune Brands will continue to focus on its distilled spirits business, the company said in a statement. Fortune’s home and security business will be spun off i…
Blackstone Group (BX) and Chinese food company Bright Food Group plan to bid for GNC Holdings, Bloomberg News reported.
The purchase of vitamin and nutrition-supplement retail chain GNC could be announced as soon this month, Bloomberg News said witho…