Andrew Harrer/Bloomberg News 10:29 a.m. | Updated Groupon, the social buying site in talks to be acquired by Google, is getting larger. The company announced on Tuesday that it would acquire Ludic Labs, a marketing services start-up based in San Mateo, Calif. Terms of the deal were not disclosed. Ludic Labs is known for developing [...]
Marcio Jose Sanchez/Associated PressJ. Crew can still seek a higher bid from a third-party suitor. J. Crew is on sale for the holidays. The retailer’s agreement to sell itself includes a go-shop provision, which allows it to solicit other bidders even though its $3 billion deal with two private equity firms has been announced. In [...]
Nick Ut/Associated Press Shopping for Del Monte canned vegetables. In 1989, after Kohlberg Kravis Roberts & Company made its landmark $25 billion acquisition of the food-and-cigarette giant RJR Nabisco, it swiftly moved to sell off its food brands. Among its first sales was Del Monte, which was offloaded to a consortium of private investors. More [...]
Pulling in billions of dollars quarter after quarter, Apple has provided Silicon Valley with a seemingly endless guessing game about possible mergers and acquisitions — but one that has largely gone on up to now without the participation of Steven P. Jobs, Apple’s chief executive. But during Apple’s conference call on Monday — after Apple [...]
Pulling in billions of dollars quarter after quarter, Apple has provided Silicon Valley with a seemingly endless guessing game about possible mergers and acquisitions — but one that has largely gone on up to now without the participation of Steven P. Jobs, Apple’s chief executive. But during Apple’s conference call on Monday — after Apple [...]
General Electric’s recent multibillion-dollar acquisition spree may just be getting started. The conglomerate’s GE Energy Financial Services unit has recently been taking a hard look at several energy companies that operate in the Gulf of Mexico, aiming to possibly acquire some or all of their assets, according to two people briefed on the matter. But [...]
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