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Tag: bid

Walmart Joins Microsoft With Bid For TikTok’s U.S. Business

Walmart is partnering with Microsoft to make a bid for the U.S. operations of short-form video platform TikTok. The offer will go up against acquisition bids by other major companies, possibly including Oracle, according to CNBC. If successful, the deal could help Walmart better position itself to merge its retail operations with media capabilities. “The …

Walmart Joins Microsoft With Bid For TikTok’s U.S. BusinessRead More

Brooks Brothers Receives $305 Million ‘Stalking Horse’ Bid

With its $305 million “stalking horse” bid, SPARC Group LLC (SPARC) has raised the possibility that Brooks Brothers will be able to emerge from bankruptcy with at least 125 of its brick-and-mortar stores remaining in operation. The retailer currently operates approximately 250 stores in North America and an equal number outside the U.S. and Canada, …

Brooks Brothers Receives $305 Million ‘Stalking Horse’ BidRead More

Supreme Court taken trump bid to safeguard economic records

Actually, the court has five-four conventional mainstream, consist of 2 trump appointees.Washington, Dec 13- The U.S. Supreme court on Friday decided to perceive the President Donald Trump’s pleas in three individual cases to stop his economic archives such as tax returns, which are being passed done to Democratic-led House of Representatives committees and also a …

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Sweetened bid may be in the offing for Hudson’s Bay

Get great content like this right in your inbox. Subscribe The battle to take Hudson’s Bay private drags on. Hudson’s Bay Co. chairman Richard Baker and his partners have reportedly approached the company’s minority shareholders about raising their offer to take the department store company private from C$10.30 a share to C$11 a share. In …

Sweetened bid may be in the offing for Hudson’s BayRead More

Sweetened bid may be in the offing for Hudson’s Bay

Get great content like this right in your inbox. Subscribe The battle to take Hudson’s Bay private drags on. Hudson’s Bay Co. chairman Richard Baker and his partners have reportedly approached the company’s minority shareholders about raising their offer to take the department store company private from C$10.30 a share to C$11 a share. In …

Sweetened bid may be in the offing for Hudson’s BayRead More

Destination Maternity approves stalking horse bid; would close all remaining stores 

Get great content like this right in your inbox. Subscribe A brand acquisition and licensing firm has made an offer to buy the brand name, online business and other intellectual assets of Destination Maternity for approximately $50 million.  The bankrupt retailer announced it has made a motion to approve the selection of Marquee Brands  as …

Destination Maternity approves stalking horse bid; would close all remaining stores Read More

LVMH makes takeover bid for Tiffany & Co.

A French luxury goods conglomerate is looking to add a U.S. crown jewel to its portfolio. LVMH Moet Hennessy Louis Vitton has made a bid for Tiffany & Co. The U.S. high-end jeweler confirmed Monday that it received an unsolicited, non-binding proposal from LMVH for $120 per share in cash. The offer would value Tiffany at nearly …

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Barneys gives OK to ABG’s bid

Get great content like this right in your inbox. Subscribe Barneys New York is closer to a deal to keep its brand alive. The bankrupt luxury retailer has approved an approximately $271.4 million so-called “stalking-horse bid”  from licensing firm Authentic Brands Group and one of its debtor-in-possession lenders (B. Riley Financial Inc.), according to a …

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