The apparent demise of Randa's $460 million proposal clears the way for Perry Ellis to be taken private by founder George Feldenkreis.
The $250 million investment comes amid "massive consolidation" in the business process outsourcing industry.
About 41% of the publicly held, global soup-maker is still held by family members, who have resisted a sale in the past.
Rite Aid shares fall amid questions about the pharmacy company's ability to compete with larger, well-capitalized rivals.
Buyers including former Blackstone dealmaker Chinh Chu will take the company private after 177 years of independence.
The $2.6 billion deal, which diversifies Starwood away from commercial mortgages, includes 51 senior loans secured by energy infrastructure assets.
However, they are also accomplishing less, with many U.S. filers doing little more than deleveraging the balance sheet to reduce debt to a manageable…
Zillow Group makes a push into mortgage originations but also announces a small loss and disappointing revenue numbers in some product segments.
The investor urges Cigna shareholders to reject the acquisition of Express Scripts, calling it potentially “one of the worst blunders in corporate…
The increasingly popular method of buying back shares creates an immediate EPS boost that serves to help managers secure bonuses, study suggests.