Mergers & Acquisitions

Whole Foods Market Inc. said don’t listen to rumors that the company is looking for a buyer. “Recent rumor and speculation regarding the possibility of Whole Foods Market going private are exactly that – just rumor and speculation,” Spokesperson Michael Silverman told MarketWatch. Co-founder and co-chief executive officer John Mackey also responded to the chatter…

Fashion e-commerce site Gilt, once valued at $1 billion, is in advanced talks to be acquired by Saks Fifth Avenue’s parent Hudson’s Bay Company for $250 million, according to The Wall Street Journal. Gilt, which operates limited-time sales of designer clothes, accessories and home goods, has been struggling to maintain its once red-hot growth. Earlier…

Destination Maternity Corp. has rejected a French suitor, according to a Securities and Exchange Commission filing Monday. Shares of Destination Maternity, which makes maternity wear, shot up 17 percent at the start of trading Monday on the Nasdaq Stock Exchange, but soon settled down to about the same level as its Friday close of $9.…

lululemon athletica founder Chip Wilson, who split from the company over strategy disagreements, said he once considered acquiring Under Armour, a deal that would have combined two of the biggest brands in athletic apparel. “Three years ago, when I was chairman and lululemon was worth twice as much as Under Armour, I personally was thinking…

Bridgestone Corp. increased its offer for auto parts retailer Pep Boys, the companies announced late Friday afternoon, matching the price offered by activist investor Carl Icahn. Pep Boys had agreed to sell itself to Bridgestone for $15 a share in October, but those plans were thrown into turmoil earlier, thanks to Icahn. The investor’s Icahn…

Newell Rubbermaid said Monday that it had reached a deal to acquire Jarden Corp., maker of Crock-Pots, Sunbeam, Rawlings, Coleman and other consumer goods, for $15.4 billion, or $13.2 billion when excluding convertible debt. The Rubbermaid brand manufacturer, which also makes Sharpie, Paper Mate and Irwin products, is buying Jarden for a combination of cash…

Staples Inc. needs a Plan B as federal regulators move to block its merger with rival Office Depot Inc., analysts said Tuesday. But whatever that plan turns out to be, it won’t be as simple as pressing the big, red “Easy” button that once dominated Staples’ advertising. Staples’ next step — assuming its challenge to…

Carl C. Icahn, unhappy with Pep Boys’ decision to sell itself to Bridgestone, the tire company, is fighting back with his own takeover offer. Mr. Icahn, the billionaire investor, disclosed on Monday that he had offered to buy Pep Boys, the car parts retailer, for $15.50 a share in cash, topping the $15 a share…

The Federal Trade Commission has taken the first step toward blocking the proposed $6.3 billion merger of Staples and Office Depot, saying the deal would hurt competition in the market for office supplies sold to large corporations. The commission filed an administrative complaint charging that the merger between Massachusetts-based Staples, the world's largest seller of…

Keurig Green Mountain Inc. will be acquired by a JAB Holding Co.-led investor group for about $13.9 billion in cash, bringing a massive windfall to shareholders after a year of watching the stock get battered. Keurig, a maker of single-serve coffee brewers, will be privately owned and independently operated following the buyout, according to a…