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Which Team Could Land Lionel Messi? How A Potential Move Is Changing Betting Odds
Friday, August 6, 2021 - 7:55am | 610One of the biggest soccer superstars could be playing for a new club team with talks between Barcelona and Lionel Messi now falling apart. What Happened: Messi will not continue playing for Barcelona, according to sports journalist Fabrizio Romano. “Despite having reached an agreement between...
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Blackstone Said To Be In Talks To Take HR Outsourcing Company Public Via SPAC
Saturday, December 19, 2020 - 11:14am | 292Blackstone Group Inc (NYSE: BX) may be about to take a human resources service provider public by way of a SPAC. What Happened: Reuters reports, citing anonymous sources, that the private equity giant is in talks with investor Bill Foley to use his Foley Trasimene Acquisition Corp. as the vehicle...
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Michael And Jimmy: A Budding Courtship In High-End Fashion?
Tuesday, July 18, 2017 - 3:46pm | 499After losing the heart of Kate Spade to a more attractive Coach Inc (NYSE: COH) earlier this year, Michael Kors Holdings Ltd (NYSE: KORS) has continued its search for a partner. Now, it’s found a new object of interest. The luxury apparel and accessories maker is reportedly considering a bid...
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Can The Univar IPO Bring Together A Fragmented Industry And Profit?
Wednesday, June 17, 2015 - 1:14pm | 1054Global chemical distributor Univar Inc (NYSE: UNVR) hopes to raise $420 million by offering 20 million shares between $20 and $22 per share. The company will list on the NYSE under the ticker UNVR on Thursday. At the offering’s midpoint, Univar would have a market value of $2.9 billion....
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BJ's Wholesale Club Down Despite Potential For Sharply Higher Bid
Monday, June 20, 2011 - 2:31pm | 368BJ's Wholesale Club, Inc. (NYSE: BJ) shares are down sharply today, down more than 3% despite a Bloomberg article that says BJ's Wholesale could fetch around $53 per share in a going private offer. Last week, it was disclosed that Leonard Green and CVC Capital Partners had offered to buy the...
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BJ's Wholesale Club Gives Up Gains
Friday, June 17, 2011 - 2:37pm | 128BJ's Wholesale Club, Inc. (NYSE: BJ) shares have given up their gains from earlier in the session, and are now negative on the session as concerns over the going private deal weigh on the name. Earlier today, Leonard Green and CVC Partners announced in a filing that they had sent a letter to BJ's...
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BJ's Wholesale Up On Leonard Green, CVC Offer
Friday, June 17, 2011 - 8:17am | 147BJ's Wholesale (NYSE: BJ) shares are up more than 4% this morning after Leonard Green and CVC disclosed they had submitted a bid for the company. Leonard Green & Partners and CVC Capital Partners have teamed up with each other to buy BJ's Wholesale Club, which announced earlier this year that...
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Will BJ's Wholesale Finally Go Private?
Wednesday, June 8, 2011 - 9:17am | 271It's been in the rumor mill for what seems like forever, and today is no different. The NY Post is reporting that CVC Capital Partners and Leonard Green & Partners are going to team up to buy BJ's Wholesale (NYSE: BJ) for $2.8 billion. The bid is expected to come next week, and would only be...
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American Express To Bid For WorldPay (RBS, AXP)
Monday, May 17, 2010 - 11:17am | 154American Express Co. (NYSE: AXP) has entered the race for Royal Bank of Scotland’s (NYSE: RBS) payment processing arm. The bank is collaborating with British private equity firm Permira for the bid. The Financial Times has reported that French software firm Atos Origin has also teamed up with the...