The company’s board turns down the offer from Canyon Capital and Platinum Equity, saying it undervalues the company.
The major reason is analysts' desire to please executives of companies they cover with easier-to-beat forecasts.
A Chapter 11 filing would be the second for the shoe retailer in less than two years amid heavy debt and online competition.
An SEC pilot program approved in December “represents an unprecedented attempt to distort free market mechanisms," the NYSE says.
The bank "is preparing for a future in which parts of the essential underpinning of global capitalism ... move to the blockchain."
Tim Maly "helped us achieve critical milestones over the years, culminating in the IPO."
The deal is J&J's biggest move into surgical robotics, which "has been a gap for its medical device business."
Private equity bidders can accelerate a deal's time to close and boost the multiple, says EY. But how do you keep them at the table?
The agreement to buy the mortgage origination technology provider includes a 35-day shopping period.
The acquisition of the compliance platform is aimed at strengthening SAI Global's risk, compliance, and learning solutions portfolio.