-
Examworks Group Announces It Will Sell Itself To A PE Firm For $35.05 A Share
Wednesday, April 27, 2016 - 10:35am | 337Examworks Group, Inc. (NYSE: EXAM), a provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance and other related services, announced on Wednesday it has agreed to sell itself to an affiliate of Leonard Green & Partners, L.P., a private equity firm. As...
-
Morgan Stanley Comments On Leonard Green's Stake In Bed Bath & Beyond, Asks If The Market Overreacted
Monday, May 18, 2015 - 3:08pm | 314In a report published Monday, Morgan Stanley analyst Simeon Gutman commented on Leonard Green & Partners disclosure on Friday that it owns 0.6 percent of Bed Bath & Beyond Inc. (NASDAQ: BBBY) Shares of Bed Bath & Beyond rose more than 5 percent following the disclosure. According to...
-
99 Cents is Big Pimpin', Spend the B's
Tuesday, October 11, 2011 - 9:52am | 927What was months of speculation over who, or if 99 Cents Only Stores (NYSE: NDN) would get acquired, has ended today, with Ares Management, Canada Pension Plan Investment Board and the Gold/Schiffer family acquiring the company for $22 per share in cash, a 7% premium to yesterday's closing price...
-
Why Is Big Money Going After Spare Change?
Friday, September 16, 2011 - 12:30pm | 867There is big money in ninety-nine cents, and even a dollar. There was a report out this morning from the New York Post that private-equity firm Apollo Management would bid $22 to $24 for 99 Cents Only Stores (NYSE: NDN). As such, shares of the discount retailer are soaring on the news, as are...
-
How Far Can A Dollar (General) Go These Days?
Tuesday, August 30, 2011 - 10:22am | 948Warren Buffett certainly knows a good thing when he sees it. When Buffett, 81, announced earlier in the month he had a position in Dollar General (NYSE: DG), many thought it was a shrew move. After today's earnings beat, it looks like an even shrewder move. The Goodlettsville, Tennessee-based...
-
Can You Spare Some Change?
Monday, August 22, 2011 - 12:22pm | 87099 cents to be exact. Shares of discount chain 99-Cents Only Stores (NYSE: NDN) are jumping this afternoon, gaining almost 10% after the the New York Post reported this morning that private equity firm Apollo Global Management LLC was going to bid on the company. “Instead of saying Leonard Green...
-
News Summary for June 29, 2011
Wednesday, June 29, 2011 - 7:55am | 318This is your Benzinga news summary and traders' outlook for Wednesday, June 29, 2011, covering headlines from overnight and Wednesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as traders anticipate a positive vote to the Greek debt crisis...
-
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...
-
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...
-
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...
-
Dollar Stores For A Cheap Market
Friday, June 10, 2011 - 1:27pm | 340The broader markets are getting hammered, but one sector, the dollar stores, are holding up. Names like Family Dollar (NYSE: FDO), Dollar General (NYSE: DG), and Dollar Tree (NASDAQ: DLTR) are all hovering near the flatline, or slightly negative. This comes as the broader markets are all down...
-
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...
-
BJ's Rises On Potential M&A Deal (BJ, JCG, NDN)
Tuesday, March 22, 2011 - 10:49am | 291Shares of BJ's Wholesale Club, Inc. (NYSE: BJ) are rocketing higher today, gaining almost 4% on news that the company and private equity firm Leonard Green & Partners have entered into a confidentiality agreement, which may be a precursor to the warehouse retailer going private. In February,...
-
Bump In J. Crew Deal? (JCG)
Monday, February 28, 2011 - 11:56am | 444Playing the merger arbitrage game with J. Crew Group Inc. (NYSE: JCG) may reap shareholders additional benefits, writes Bloomberg. The clothing company, which agreed to go private months ago at $43.50 per share in cash, is concerned shareholders may reject its $3 billion buyout. In response to...
-
Leonard Green Still Interested In BJ's Wholesale (BJ)
Wednesday, December 29, 2010 - 8:43am | 199According to a report from the NY Post, Leonard Green & Partners is still interested in acquiring BJ's Wholesale (NYSE: BJ), and shares are up 8% in pre-market trading on this news. "If it gets to mid-January and a sale has not started, there may be difficult conversations," according to a...