| Jun 23, 2014
| 6:17 PM
Allergan Inc., the Irvine company that makes Botox, is urging shareholders to reject a buyout offer from a Canadian pharmaceutical firm.
Valeant Pharmaceuticals International Inc. said last week that it will take its acquisition offer directly to...
| Jun 20, 2014
| 7:53 PM
Is American Apparel Inc. up for sale?
The Los Angeles company's abrupt ouster this week of Chief Executive Dov Charney has sparked intense speculation that it is now a prime takeover target.
But those rumors were vehemently dismissed Friday by its...
| Jun 3, 2014
| 2:35 PM
Lisle-based GreatBanc Trust Co. has agreed to pay $5.25 million to settle a lawsuit brought by the U.S. Labor Department that alleged the company violated its fiduciary duty as trustee of a employee stock ownership plan (ESOP).
The Labor Department...
| Jun 6, 2014
| 2:47 PM
Activision Blizzard Inc. failed to persuade a judge to toss out a lawsuit that claims the company's board improperly let its chief executive take part in a group that bought a large chunk of the Santa Monica-based video game company.
On Thursday, a...
| Apr 11, 2013
| 8:50 AM
Fast food giant Burger King Worldwide Inc. said it will lose its chief executive Bernardo Hees to H.J. Heinz Co. once billionaire financier Warren Buffett wraps up his acquisition of the ketchup company with 3G Capital.
Corporate poaching this...
| Oct 24, 2013
| 6:11 PM
Safeway Inc. shares have climbed for two straight days on speculation of a buyout offer just weeks after the grocery giant deflected another potential takeover.
Buyout rumors erupted this week on reports that private equity firm Cerberus Capital...
| Jul 12, 2013
| 7:04 PM
Seeking a foothold in the competitive prepaid wireless market, AT&T Inc. has agreed to acquire Leap Wireless International Inc. in a deal valued at about $1.2 billion.
AT&T, the nation's second-largest wireless carrier, had been rumored to be in talks...
| Jul 15, 2013
| 2:04 PM
With a shareholder vote just days away, T. Rowe Price, one of Dell Inc.'s major investors, reaffirmed its opposition to a $24.4 billion buyout offer for the personal computer manufacturer.
"We continue to believe the proposed buyout does not reflect the...
| Dec 9, 2013
| 3:35 PM
(Reuters) - Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group LP's investment. According to reports last week, Hilton is expected to launch its...
| Mar 11, 2014
| 7:06 PM
Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday.
The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
| Apr 27, 2011
| 7:54 PM
Constellation Energy Group is reportedly in the final stages of takeover negotiations that could see it absorbed by the Chicago-based power company Exelon Corp., a deal that would usher Baltimore's last Fortune 500 company headquarters out of town.