Expedia Inc. and Travelocity, two of the most prominent online travel agencies, have decided to take their relationship to the next level by way of a $280 million acquisition that paves the way for continued battles with travel site behemoth Priceline. [More]
Acquisition
PetSmart Sells To Private Investment Firm For $8.7B
By 12.15.14
Who knew that pet care could be such a lucrative business? Just as the year comes to an end, PetSmart announced it would sell itself for $8.7 billion to a private equity firm, fetching the title of largest private equity deal of 2014. [More]
Walgreens Pays $5.27B For Remaining Half Of UK Drug Store Chain Boots
By 8.6.14
How much does it cost to buy half of a drug store chain? About $5.27 billion — or at least that’s what Walgreens will pay to acquire the remaining half of British company Alliance Boots, parent company of the Boots chain of retail drug stores.
Done Deal: Apple Buys Beats For $3B, Fires 200 People
By 8.1.14
And then two become one. Apple completed its $3 billion acquisition of Beats Music and Beats Electronics Friday. But about 200 Beats employees are missing out on the celebration, you know, since their jobs are no longer viable. [More]
Tyson Foods Makes A Play For Hillshire Brands With $6.8B Offer
By 5.29.14
There’s a meaty war brewin: just two days after Pilgrim’s Pride made a bid to take over Hillshire Brands, Tyson Foods crashed the party and upped the stakes with a bid of its own. [More]
