Mergers & Acquisitions

Facebook, Google Could Duel Over Skype
May 6, 2011

Facebook and Google are separately considering acquisition or partnership deals with Skype, according to sources speaking to Reuters. Facebook chief Mark Zuckerberg has been in discussions concerning a possible purchase, one of the sources indicated, a deal that could be worth between $3 billion and $4 billion.

American Apparel Owner Buys Fashion Chain All Saints
May 5, 2011

The owner of clothing retailers La Senza and American Apparel has bought fellow fashion chain All Saints in a deal set to secure hundreds of jobs. Investment firm Lion Capital has teamed up with American Apparel investor Goode Partners to buy the holdings of two Icelandic banks for an undisclosed sum.

eBay Acquires Charity Site
May 4, 2011

eBay has acquired MissionFish, which powers eBay's Giving Works charitable giving program. MissionFish was launched with its own auction marketplace where all of the proceeds went to charity. In 2003, MissionFish helped eBay create the Giving Works program so eBay sellers could donate a portion of their eBay auction proceeds to the charity of their choice.

J.C. Penney’s The Foundry Big & Tall Opens in Dallas
May 3, 2011

The Foundry Big & Tall Supply Co., a new specialty retail concept for big and tall men from J.C. Penney, made its retail debut in the Dallas area. Approximately 10 stores are expected to open in the Dallas and Kansas City, Mo., markets by the end of May. The company plans to expand the concept nationwide to 100 stores by 2013, reaching a total of 300 stores over the next five years.

Prada Plans Middle East Retail Strategy
May 2, 2011

Italian fashion house Prada said it will open stores across the Middle East as part of a joint venture with Emirates luxury retailer Al Tayer Insignia to develop a new retail network.