Mergers & Acquisitions

Bass Pro Teams With Goldman Sachs for Cabela's Bid
April 20, 2016 at 10:55 am

Privately held outdoor retailer Bass Pro Shops has partnered with Goldman Sachs Group Inc's private equity arm to make an offer for U.S. hunting and fishing store chain Cabela's Inc, according to people familiar with the matter. The move gives Bass Pro Shops the equity financing necessary to pursue Cabela's, and makes such a deal moreโ€ฆ

Staples Closing in on Office Depot Deal
March 29, 2016 at 10:43 am

Staples could be on the brink of winning its case against the Federal Trade Commission, possibly clearing the way for it to acquire Office Depot, sources told The Post. The judge overseeing the FTC suit against the office supply chain said he will entertain a motion from Staplesโ€™ legal team to dismiss the case onceโ€ฆ

Amazon Exec Weighs in on Proposed Staples-Office Depot Merger
March 23, 2016 at 11:07 am

An executive with Amazon.com Inc's unit that sells office supplies to businesses gave testimony on Tuesday that appeared to bolster a U.S. regulator's wariness over a potential merger of Staples Inc and Office Depot Inc. The U.S. Federal Trade Commission filed a lawsuit last year to block the proposed $6.3 billion acquisition of Office Depot byโ€ฆ

Sherwin-Williams Buying Valspar for $11.3B
March 21, 2016 at 11:54 am

Sherwin-Williams, which has long claimed to "cover the Earth" with its paints, is buying rival Valspar for about $9 billion in a move that it says will expand its reach in Asia and Europe. Sherwin-Williams said Sunday that it's paying $113 a share in cash, a 35 percent premium to the closing price of Valspar's stockโ€ฆ

Staples Seeks Documents From Amazon in Federal Fight to Merge With Office Depot
March 14, 2016 at 11:27 am

Staples wants more data from Amazon.com as it prepares to fight the Federal Trade Commission over the federal regulator's challenge of its $6.3 billion merger with Office Depot. Staples filed a motion on March 10 asking a U.S. District Court in Washington D.C. to compel Amazon to produce more documents and data. A subpoena served earlierโ€ฆ

Fresh Market Acquired by Private Equity Firm for $1.36B
March 14, 2016 at 11:15 am

The Fresh Market has agreed to be acquired by an affiliate of private equity firm Apollo Global Management for $1.36 billion, the companies said on Monday. Under the terms of the deal, Apollo-affiliated funds will pay $28.50 per share in cash for the grocer, which represents a 24 percent premium over Fridayโ€™s closing price and a 53 percent premium from beforeโ€ฆ

Samsonite Nears Deal to Buy Tumi
March 3, 2016 at 9:42 am

Samsonite International SA, the worldโ€™s largest branded-luggage maker, is nearing an acquisition of luxury luggage maker Tumi Holdings Inc., and a deal could be announced as soon as this week, The Wall Street Journal reported, citing unnamed people familiar with the matter. Exact terms of a deal couldnโ€™t be learned, but South Plainfield, New Jersey-based Tumiโ€ฆ

Sports Authority Discussing Selling Stores to Dick's
March 1, 2016 at 11:38 am

Sports Authority Inc., which is preparing to file for bankruptcy, has discussed selling stores and intellectual property to rival chain Dickโ€™s Sporting Goods Inc. and other parties, according to two people familiar with the situation. The Dickโ€™s transaction is one of several options being considered, said one of the people, who asked not to be identifiedโ€ฆ

Jet.com Acquires Online Home Retailer Hayneedle
February 29, 2016 at 10:36 am

Jet.com, an online retail startup challenging Amazon.com, is doing a little shopping of its own. On Monday, the company announced that it had made its first acquisition with the purchase of Omaha, Neb.-based Hayneedle, a home goods e-commerce company. Terms of the deal weren't disclosed.

Groupon Receives Boost as Alibaba Buys Stake
February 17, 2016 at 11:28 am

Alibaba disclosed in an SEC filing late Friday that it acquired nearly 33 million shares of Groupon in the fourth quarter. That works out to about a 5.6 percent stake. This makes Alibaba the fourth-largest owner of Groupon. Shares of Groupon soared more than 40 percent in midday trading. That follows a nearly 30 percentโ€ฆ