Expedia Scores $657M Deal for Australia's Wotif
Expedia agreed to buy Wotif.com for roughly $657 million, as the online travel booker looks to capitalize on growth in Asia-Pacific markets.
Carlson Sells TGI Fridays For Reported $800M
Carlson agreed to sell restaurant chain TGI Fridays to two private equity firms, as the hospitality and travel company looks to focus on its hotel business.
Banana Giants Chiquita, Fyffes Agree to $1.07B Merger
Chiquita and Irish fruit seller Fyffes agreed on Monday to a $1.07 billion merger, creating the world’s largest banana company.
Report: Hard Rock in Talks to Buy Troubled Revel Casino
Restaurant and casino operator Hard Rock is reportedly in advanced negotiations to acquire Atlantic City’s Revel Casino, which declared bankruptcy earlier this year.
Sysco Seals $3.5B Deal to Acquire Rival US Foods
The food distributor will buy its rival for about $3.5 billion and assume $4.7 billion in debt, creating a company with about $65 billion in annual revenue.
Ruby Tuesday Races 7% Higher on LBO Buzz
The casual dining chain has reportedly hired Goldman Sachs to explore a possible leveraged buyout by a private-equity firm.
TGI Fridays Owner Explores Sale of Restaurant Chain
Carlson said it has hired investment bankers to explore its options for TGI Fridays, including a possible sale of the restaurant chain.
Extended Stay America Files for $100M IPO
Extended Stay America filed plans for an estimated IPO of up to $100 million, as the lodging company turns the corner after a 2009 bankruptcy.
Lowe's to Buy Canada's Rona in $2.28B Deal
U.S. home improvement retailer Lowe's Companies Inc said it would buy Rona in an all-cash deal valued at C$3.2 billion ($2.28 billion) to expand its presence in Canada.
Michael Dell's $24B LBO Receives Pivotal Endorsement From ISS
ISS recommended Dell shareholders vote for Michael Dell's buyout offer for the PC maker.
Western Digital to Buy SanDisk in $19B Deal
Hard disk drive maker Western Digital said it would buy memory chip maker SanDisk for about $19 billion, the latest in a wave of consolidation in the chip-making industry.
Analog Devices to Buy Hittite Microwave in $2.4B Deal
Analog Devices agreed to buy Hittite Microwave for around $2.45 billion in cash, as the chip maker looks to widen its footprint in radio-frequency technology.
Akamai Acquires DDoS Protection Service Prolexic for $370M
Akamai unveiled plans to buy Prolexic for about $370 million as the content delivery giant looks to bolster its cyber defenses.
Report: Dell May Postpone Buyout Vote Yet Again
The PC maker is reportedly considering delaying its shareholder vote again.
Icahn Pledges to Sweeten Dell Bid, Include Warrants
A week before a key shareholder vote, the legendary corporate raider unveils his sweetened bid that would include warrants.
Relentless Icahn Pushes Dell Shareholders to Seek Appraisal as Key Vote Nears
The latest move is part of Icahn's relentless push to force Michael Dell to raise his offer price.
Report: Icahn Closes in on $5.2B Debt Package for Dell
The legendary corporate raider is set to wrap up a $5.2 billion financing package and signaled he's prepared to up his bid.
Report: Sony May Hire Bankers to Evaluate Loeb's Spinoff Plan
The Japanese conglomerate is reportedly considering evaluating a proposal to spin off part of its entertainment business.
Icahn Nominates Himself to Dell's Board Amid Intensifying Proxy Fight
Carl Icahn and Southeastern Asset Management revealed their own slate of 12 directors on Monday that includes the legendary corporate raider himself.
Global Payments to Buy Heartland Payment Systems for $3.8B
Payment technology company Global Payments Inc. agreed to buy Heartland Payment Systems Inc. for about $3.8 billion in cash and stock, a deal that would expand its reach among midsize and small merchants.