U.K. Grocer Morrisons Accepts Bid From CD&R
Clayton Dubilier & Rice's $9.5 billion offer for the No. 4 U.K. grocery chain tops a bid from rival private equity group Fortress Investment Group.
HP Rejects Xerox’s Takeover Offer
HP signaled it was open to exploring a ‘potential combination’ between the two companies.
Fox Offers $14 Billion to Take Control of Sky
The deal would combine Fox’s "global content business with Sky’s world-class direct-to-consumer capabilities," Fox says.
Ag Firm Andersons Spurns $1B Buyout Offer
HC2 Holdings' unsolicited $37-a-share bid "significantly understates the company's true value," Andersons' chairman says.
Tribune Move May Thwart Gannett Tender Offer
The publisher's board adopts a "poison pill" that could make it too expensive for Gannett to pursue a hostile bid.
Gannett Makes $815M Bid for Tribune Publishing
The offer represents a premium of 63% for Tribune shareholders and the publisher of the Los Angeles Times is giving it a "thorough review."
McCormick Scraps $2B Bid for Premier Foods
U.K. Premier's stock price plunged on news it had rejected the offer, which represented a 106% premium to the pre-announcement price.
Foxconn to Acquire Japan’s Sharp for $3.5B
The Taiwanese firm uses Sharp screens in the iPhones it manufactures, and the deal could increase its leverage with Apple.
China’s Anbang Makes Rival Offer for Starwood
The $12.8 billion, or $76-per-share, bid could potentially derail Starwood's pending merger with Marriott, which is valued at $65.38 a share.
American Apparel Wins Bankruptcy Showdown
A judge says the retailer can proceed with its bankruptcy exit plan, leaving founder Dov Charney out in the cold.
Microsemi Offers $2.4B for PMC-Sierra
Amid a wave of mergers in the semiconductor industry, Microsemi is attempting to derail an earlier $2 billion bid by Skyworks Solutions.