In recent years, the airline industry has undergone a rather stark transformation through a series of mega-mergers between legacy carriers. Still, one group has been left relatively untouched: budget carriers. But the Chairman of the Board for Frontier Airlines sees a future with fewer bottom-dollar airline brands. [More]
Dollar General Extends Deadline For Family Dollar Offer, Hopes Shareholders Finally Give In To Advances
The drama that is the dollar store wars doesn’t appear to be ending anytime soon, with Dollar General extending the life of its latest deal to buy Family Dollar out from under Dollar Tree. [More]
Before those two crazy kids Burger King and Tim Hortons can start planning their wedding, they need to get the blessing of their parent nations’ respective antitrust regulators. Bringing the happy couple one step closer to walking down that aisle is Canada’s antitrust watchdog, which just gave the nuptials the go-ahead today.
Things Are Getting Hostile In The Dollar Wars: Dollar General Takes Family Dollar Bid To Shareholders
You’d think after two rejections and the proverbial cold shoulder Dollar General would pick up its dignity and go back to hawking dollar times. But no, the dollar store giant just won’t give up on its dream of making dollar love with Family Dollar; this time its taking the hostile route and bringing its thick wallet directly to the smaller store’s shareholders. [More]
Love is in the air, and in this case the couple-to-be has plenty of gift options to choose from to celebrate the occasion — 1-800-Flowers.com Inc. says it’ll be buying Harry & David for $143 million in cash, in an effort to take on the gift-giving world and fill it with its wares. [More]
Dollar General Ups Bid For Family Dollar, Threatens To Take Quest For Merger Straight To Shareholders
Less than a week after Dollar General officials said they weren’t giving up on a possible relationship with Family Dollar, the No. 1 dollar store made another attempt to woo its target by flashing a huge wad of cash – this time in a much more aggressive manner. [More]
Like A Bad Date, Dollar General Just Won’t Give Up Its Dream Of Happily Ever After With Family Dollar
If at first you don’t succeed try, try again. That’s the stance Dollar General appears to be taking as it continues to court a deal to acquire Family Dollar after being spurned by the smaller dollar store chain last week. [More]
Love is in the air this bright Monday morning, and it smells like Whoppers and coffee: Burger King and Canadian coffee chain Tim Hortons have confirmed that they’re courting the idea of a merger, sending pulses racing, hearts soaring and the stock market into palpitations. Ah, young merger-related love. [More]
Maybe someone should send FTD a bouquet of flowers to celebrate its recent expansion. Then again, the company probably has enough flowers now that it’s agreed to buy Provide Commerce, the company behind ProFlowers. [More]
Every year, 24/7 Wall Street looks around the American business landscape and makes a list of ten brands that they think are doomed. The list includes corporations, retail chains, and product lines, and is quite diverse. However, it’s not very accurate. [More]
In a move weeks in the making, Hillshire Brands officially left Pinnacle Foods at the altar for Tyson Foods. [More]
Commentary has been flying nonstop since Comcast announced its plan to buy Time Warner Cable. If the buyout goes through, there will be enormous repercussions in the TV and broadband industries, both for competitors and for consumers. Before the legal filings and federal approvals and consumer chaos all begin in March, though, it’s worth taking a step back to look at why this merger is being proposed, and why it’s happening now.
Sprint has reportedly been eyeing a merger with T-Mobile since December. Together, the two companies might have the size and clout to stand up to the nation’s two largest mobile carriers, Verizon and AT&T. But could T-Mobile’s small size and untraditional strategies actually be the roadblock preventing the purchase from happening?