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Mergers, Acquisitions and Takeovers

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Top Mergers, Acquisitions and Takeovers Articles

Displaying items 34-44
  • Rite Aid buys pharmacy benefit manager EnvisionRx for $2 billion

    Rite Aid's $2-billion acquisition of a pharmacy benefits manager steers the drugstore chain toward a potentially lucrative focus for healthcare companies: finding ways to tame customer costs. The nation's third-largest drugstore chain is buying...
  • Office Depot CEO could walk with $39 million after merger

    Office Depot CEO could walk with $39 million after merger
    After less than two years on the job, Office Depot CEO Roland Smith could receive $39 million if the Staples-Office Depot merger is finalized, executive pay experts say. Smith, 60, would leave with a $7 million severance, roughly twice his salary and...
  • CVS Health meets 4Q profit expectations, tops revenue forecasts, as specialty drug sales rise

    CVS Health's fourth-quarter earnings climbed more than 4 percent in a performance that matched Wall Street expectations even though the pharmacy chain's decision to quit tobacco sales delivered an anticipated blow to its drugstore business. The...
  • Hospital mergers continued to create larger systems in 2014

    Hospital mergers continued to create larger systems in 2014
    Hospitals across the country announced a flurry of mergers, acquisitions and joint ventures in 2014, including nine in Illinois, according to a new survey. Kaufman Hall, a Skokie-based health care consulting company, reported Monday that hospitals...
  • Merger announcement clouds Office Depot's future in Boca Raton

    Merger announcement clouds Office Depot's future in Boca Raton
    Once again, Office Depot's future in Boca Raton faces uncertainty. Little more than a year after the Fortune 500 company merged with OfficeMax and said it would keep its corporate headquarters in the city, Office Depot agreed Wednesday to be acquired...
  • Gregg Pollack on Code School sale: Deal includes stock, cash

    Gregg Pollack on Code School sale: Deal includes stock, cash
    I sat down with Gregg Pollack to talk about the $36 million acquisition of his company, Orlando-based Code School, by Pluralsight. The two computer coding education companies are now operating jointly, with Pollack in charge of the Orlando location....
  • Walgreens names new CFO

     Walgreens names new CFO
    Walgreens Boots Alliance has a new chief financial officer. George Fairweather, formerly the group finance director at Alliance Boots, has been appointed global chief financial officer effective Feb. 20, replacing Tim McLevish. The company was formed...
  • Stonegate reports jump in net income, loans

    Stonegate reports jump in net income, loans
    Stonegate Bank increased its loans, deposits and net income in the fourth quarter as the state's economy expanded. The Pompano Beach-based bank's net income rose to $5.2 million, or 49 cents per share, at the end of the fourth quarter, compared with a...
  • SkyMall's bankruptcy had less to do with its absurd catalog than you think

    SkyMall's bankruptcy had less to do with its absurd catalog than you think
    On the surface, the bankruptcy of SkyMall seems to be easily explained and none too surprising. The publisher of those seat-back catalogs brimming with useless crapola thumbed through by millions of air passengers, SkyMall ostensibly became the victim...
  • Staples Buys Office Depot For $6 Billion

    Staples Buys Office Depot For $6 Billion
    NEW YORK — The rapidly changing tools of the work place and the way we shop has led to another major consolidation in the retail office supply business as Staples announced the $6 billion acquisition of rival Office Depot. The cash-and-stock...
  • Tootsie Roll chief, committed to keeping company independent, dies at 95

    Tootsie Roll chief, committed to keeping company independent, dies at 95
    Melvin J. Gordon, who ran Chicago-based candy-maker Tootsie Roll Industries for more than 50 years, held the distinction of being the oldest CEO of any business listed on the two major stock exchanges. Mr. Gordon, 95, died Tuesday in Boston after a...