Mergers and Acquisitions

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.

Chiquita and Irish fruit seller Fyffes agreed on Monday to a $1.07 billion merger, creating the world’s largest banana company.

Restaurant and casino operator Hard Rock is reportedly in advanced negotiations to acquire Atlantic City’s Revel Casino, which declared bankruptcy earlier this year.

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.

The casual dining chain has reportedly hired Goldman Sachs to explore a possible leveraged buyout by a private-equity firm. 

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 filed plans for an estimated IPO of up to $100 million, as the lodging company turns the corner after a 2009 bankruptcy.

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.

ISS recommended Dell shareholders vote for Michael Dell's buyout offer for the PC maker.

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 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 unveiled plans to buy Prolexic for about $370 million as the content delivery giant looks to bolster its cyber defenses. 

The PC maker is reportedly considering delaying its shareholder vote again.

A week before a key shareholder vote, the legendary corporate raider unveils his sweetened bid that would include warrants.

The latest move is part of Icahn's relentless push to force Michael Dell to raise his offer price.

The legendary corporate raider is set to wrap up a $5.2 billion financing package and signaled he's prepared to up his bid.

The Japanese conglomerate is reportedly considering evaluating a proposal to spin off part of its entertainment business.

Carl Icahn and Southeastern Asset Management revealed their own slate of 12 directors on Monday that includes the legendary corporate raider himself.

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.

General Electric is considering a sale of its asset management division to an investment management firm.