Just months after Coach began to see promising results from pursuing wealthier customers and selling more high-end bags, the accessories company is ready to reward itself with a little something: rival handbag and accessory brand Kate Spade. [More]
merger and acquisitions
UPDATED: Yahoo, AOL Brands To Be Part Of Verizon’s New ‘Oath’ Thing
By 4.3.17 — Updated: 4.4.17
Report: Twitter Looking To Sell Itself — Maybe To Google
By 9.23.16
Twitter might be a hugely popular social media platform, but for all its influence and reach, the company is not exactly minting money. So it may not come as a surprise that Twitter is once again the subject of merger rumors. [More]
Mondelez Abandons Bid To Create Snack-Candy Behemoth With Hershey Purchase
By 8.30.16
The residents of Hershey, PA, can breathe a sigh a relief today, as Mondelez — the owner of Nabisco and Cadbury — announced it would ditch its months-long bid to purchase the Hershey’s brand following several rebuffed offers by the chocolate giant. [More]
Why Danone Paid $10.4 Billion For Almond & Organic Milk Company
By 7.7.16
French food giant Danone already takes up plenty of supermarket dairy shelf space, with everyday brands like Dannon, Activia, and Oikos. So why is the company spending $10.4 billion to purchase WhiteWave, the American company behind organic brands like Silk almond milk, Horizon, and Earthbound?
[More]
Monsanto Looking At “Strategic Options” After Rejecting Bayer’s $62B Bid
By 6.29.16
A month after Monsanto deemed a $62 billion proposed merger bid from Bayer “financially inadequate,” the Missouri seed and pesticide giant is reportedly looking at its options after receiving less-than-stellar earning numbers. [More]
Fresh Market Sold To Private Equity Firm, Apollo Global, For $1.36B
By 3.14.16
Specialty grocery chain Fresh Market is starting the week with a new owner: Apollo Management Group agreed to acquire the chain for about $1.36 billion in cash over the weekend. [More]
Anheuser-Busch Buys Breckenridge Brewery, Third Craft Brewer In One Week
By 12.22.15
As if the pending $107 billion merger with SABMiller wasn’t enough of a portfolio boost for Anheuser-Busch InBev, the beer giant has purchased not one, but three craft brewers in the last week. The company’s most recent holiday gift for itself is Breckenridge Brewing of Colorado. [More]
Kroger Buys Midwest Grocer Roundy’s For $800M
By 11.11.15
The merger bug has been hitting the supermarket aisle for several years now, and it continued Wednesday as Kroger announced it would buy midwest grocery chain Roundy’s – the owner of Pick ‘n Save – for a cool $800 million. [More]
