GameStop Misses Estimates, Exploring Sale
The retailer believes it can still "leverage our industry-leading position to drive growth in the second half" of the year.
Athenahealth CEO Resigns Amid Strategic Review
A possible buyer is hedge fund Elliott Management, which made a hostile takeover offer last month for the healthcare technology company.
Analogic Agrees to $1B Sale to PE Firm Altaris
The pioneer of computer tomography imaging cites "the increasingly competitive markets that we serve" in deciding to end its 50 years of independence.
Rent-A-Center Cuts 250 Jobs, Confirms Offers
The struggling furniture and equipment rental firm has been under pressure from activist investors to sell itself.
Newell to Streamline Portfolio to Core Assets
The restructuring would create a “stronger, simpler, faster Newell,” but the company's shares drop more than 20%.
Fiserv Increases Offer for UK Firm to $98M
The revised bid for Monitise “should pave the way for a deal" after shareholders came out against the original $89.1 million proposal.
Potbelly Launches Strategic Review Amid Slump
The "restaurant operating environment remains challenging," CFO Mike Coyne says as the company posts a 4.9% drop in same-store sales.
KKR to Invest $150 Million in Pandora
"We have positioned the company to evaluate any potential strategic alternatives, including a sale," a Pandora director says.
Bebe Stores to Shut Down All of Its Locations
A shift to online-only operations may be an option for the women's clothing chain, which has lost money for four straight years..