by | Oct 1, 2010 | Towing
Gymboree Corp (GYMB) surged in extended-hours trading following reports that it is considering selling itself to private equity companies.
The stock jumped 19.69% to $49.72 a share as of 7:59 pm ET Thursday.
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The children’s clothing’s retailer and its bankers have been soliciting interest from potential buyers, The Wall Street Journal reported without naming its sources.
Private…
Continue reading Gymboree Jumps in Extended Hours Trading on Potential Sale
Gymboree Jumps in Extended Hours Trading on Potential Sale originally appeared on DailyFinance on Fri, 01 Oct 2010 06:45:00.
Filed Under: Company News, Retail, Stocks in the News
by | Sep 30, 2010 | Towing
Dollar Thrifty shareholders voted against a proposed acquisition from larger car-rental competitor Hertz, likely ending Hertz’s five-month-long effort to acquire the company and indicating that a competing bid from Avis Budget …
by | Sep 28, 2010 | Towing
Endo Pharmaceuticals (ENDP) agreed to buy generics company Qualitest Pharmaceuticals for $1.2 billion cash.
Qualitest is the sixth-largest U.S. generics company as measured by prescriptions filled. Qualitest will add about $400 million to Endo’s annual revenue and 40 cents per share in annual adjusted earnings, Endo said in a statement.
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“We believe that this transaction will…
Continue reading Endo to Acquire Generics Company Qualitest for $1.2 Billion
Endo to Acquire Generics Company Qualitest for $1.2 Billion originally appeared on DailyFinance on Tue, 28 Sep 2010 06:31:00.
Filed Under: Company News, Health Care, Retail
by | Sep 27, 2010 | Towing
Wal-Mart Stores (WMT) is planning a $4.6 billion offer for South African retailer Massmart.
The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That’s 9.8% higher than the company’s last closing price.
“We are continuin…
by | Sep 27, 2010 | Towing
Unilever (UL) announced early Monday that it had agreed to buy beauty care company Alberto Culver Company for $3.7 billion in cash.
The deal will make Unilever the world’s leading company in hair conditioning, the second largest in shampoo and the third largest in hair styling, Unilever said in a statement.
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“We are delighted to be acquiring Alberto Culver,” Unilever CEO Paul Polman…
Continue reading Unilever to Buy Alberto Culver for $3.7 Billion
Unilever to Buy Alberto Culver for $3.7 Billion originally appeared on DailyFinance on Mon, 27 Sep 2010 06:35:00.
Filed Under: Company News, Technology, Unilever, Retail
