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3 Companies Leading The Way For Healthy Workplaces
Tuesday, July 15, 2014 - 12:34pm | 814With the American Heart Association and CEOs of more than 20 major companies recently joining to encourage healthy lifestyle choices, stressing good health is important to companies and employees alike. A number of other major corporations, meanwhile, have a history of leadership when it...
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Saks and Neiman Marcus Merger at the Rumor Stage
Thursday, May 23, 2013 - 8:50am | 596According to The Wall Street Journal, high-end department store, Saks Inc. (NYSE: SKS) has hired Goldman Sachs Group Inc. (NYSE: GS) to look into a possible sale. Neiman Marcus Group Inc., owned by Private-equity firms TPG and Warburg Pincus LLC, is also exploring its options. With two upscale...
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Tempur-Pedic to Acquire Rival Sealy
Thursday, September 27, 2012 - 2:05pm | 369On Thursday, Tempur-Pedic International (NYSE: TPX) announced that it was acquiring rival Sealy Corp. (NYSE: ZZ) for around $242 million. The deal also includes the assumption of about $750 million in debt. The news sent shares of Sealy up a little less than three percent, as the takeover did not...
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Buyout of Del Monte Foods Company Investigated by Securities Lawyers at Goldfarb Branham LLP
Monday, November 29, 2010 - 11:08am | 181Goldfarb Branham LLP is investigating the proposed acquisition of Del Monte (NYSE: DLM) for company shareholders due to the proposed buyout for $19.00 per share by Kohlberg Kravis Roberts & Co., Vestar Capital Partners and Centerview Partners. Concerned Del Monte investors are urged to contact...
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Morgan Stanley (MS) Selling Stake In Chinese Investment Bank
Monday, February 22, 2010 - 7:41pm | 99The Wall Street Journal reported that Morgan Stanley (NYSE: MS) is close to finalizing a deal with Kohlberg Kravis Roberts & Co. and TPG Capital to sell its stake in China International Capital Corp. Morgan Stanley invested $35 million for a 35% stake in the Chinese investment banking joint...