8:50am ET
Companies and Brands
Hillshire Gets a Sweetened Offer From Pilgrim’s Pride
Pilgrim's Pride raised its buyout offer for Hillshire Brands to $55 a share late Monday. The offer is all cash and is valued at $7.7 billion.
Companies
/Financial Services
Blackstone Inc
$124.26
▼ $1.15 (−0.92%) today
Markets open · 11:56am ET
BX Coverage
Page 105:23pm ET
Media
Private Equity Backers Bailing Out of Nielsen in Stock Offering
ThinkstockNielsen N.V. (NYSE: NLSN) disclosed after the close that some 20 million shares would be sold by Valcon Acquisition Holding (Luxembourg) in an underwritten secondary offering. The same group will grant the…
9:10am ET
Companies and Brands
Pinnacle Foods in a Pickle Over Buyout Offer
The food fight has begun. Just two weeks ago, Hillshire Farms offered to buy Pinnacle Foods for $6.6 billion, sending shares of the owner of Duncan Hines Cake Mix and Birds Eye…
9:25am ET
Companies and Brands
Playing Chicken: Tyson Raises Stakes in Bid for Hillshire
Tyson Foods, one of the nation's largest food-processing companies, has made an offer of $50 a share in cash for Hillshire Brands, trumping Tuesday's $45 a share offer from Pilgrim's Pride.
9:05am ET
Companies and Brands
Pilgrim’s Pride Makes Hostile Bid for Hillshire
Pilgrim’s Pride has unveiled an unsolicited bid of about $6.4 billion to acquire food processor Hillshire Brands.
7:40am ET
Companies and Brands
Food Giant Created in $6.6 Billion Deal
Hillshire Brands woke up investors this Monday morning with the announcement that it has reached a definitive agreement to acquire Pinnacle Foods for a total value of about $6.6 billion.
Paul Ausick 10:45am ET
Cars and Drivers
Where Does Mulally Go Next?
courtesy of Ford Motor Co.When Ford Motor Co.’s (NYSE: F) Alan Mulally leaves the company on July 1, it is pretty unlikely that he will find a park bench somewhere and begin…
11:15am ET
Services
La Quinta IPO Stalls After Pricing Below Range
Hotel chain La Quinta Holdings issued 38.25 million shares at $17 a share in its initial public offering Wednesday morning. The IPO price was below the expected range of $18 to $21…
10:04am ET
Investing
Upcoming IPO Previews: Ally Financial Tops the List of Ten
ThinkstockThe second quarter of 2014 is off to a fast start on the initial public offering (IPO) front. Eight companies completed IPOs last week, and another dozen are scheduled to price and…
8:40am ET
Investing
Top Analyst Upgrades and Downgrades: Apple, Intel, Chevron, Exxon, Qualcomm, Citigroup and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, April 3, 2014. They include Apple, Intel, Chevron, Exxon, Qualcomm and Citigroup.
10:30am ET
Health and Healthcare
Biomet Is Coming Public via IPO, Again
ThinkstockWhat would appear to be an obscure initial public offering from LVB Acquisition Inc. is much more important than it might seem. This is actually the old medical devices company Biomet, and…
7:50am ET
Technology
Google Is the Deal-Making King
Bloomberg found that Google has executed more deals than any company in the world over the past three years. It edged out marketing and advertising firm WPP and tech giant Intel, which…
8:35am ET
Investing
Top Analyst Upgrades and Downgrades: American Airlines, EA, Teradata, VMware, Walmart and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 29, 2014. They include American Airlines, Electronic Arts, VMware, Walmart and more.
7:20am ET
Retail
Blackstone Goes Big Into Crocs, Without a Buyout
Investment funds affiliated with Blackstone Group are taking a $200 million stake in Crocs in newly issued series A convertible preferred stock, and CEO John McCarvel also has announced his retirement.
9:50am ET
Energy
Kinder Morgan Goes Big Into Marine Tankers With Nearly $1 Billion Purchase
Kinder Morgan Energy Partners L.P. (NYSE: KMP) announced on Monday that it has entered into an agreement to acquire American Petroleum Tankers and State Class Tankers for nearly $1 billion.