Content about Mergers and acquisitions

April 30, 2013
New CFO for Bebe amid management changes

Bebe has appointed current principal accounting officer and VP, corporate controller Liyuan Woo as its new CFO.

BRISBANE, Calif. — Bebe has appointed current principal accounting officer and VP, corporate controller Liyuan Woo as its new CFO. 

 

Woo has been with Bebe stores since 2010. She will retain the principal accounting officer title and will be responsible for global finance, accounting, treasury, tax, compliance, planning and strategic corporate development. She will report directly to CEO Steve Birkhold.

 

April 9, 2013
Office Depot, OfficeMax move forward on merger

OfficeMax and Office Depot have announced the committee members tasked with overseeing the process to select a CEO for the combined company and selection of the executives who will help to manage the integration planning process.

NAPERVILLE, Ill. & BOCA RATON, Fla. — OfficeMax and Office Depot have announced the committee members tasked with overseeing the process to select a CEO for the combined company and selection of the executives who will help to manage the integration planning process. 

October 31, 2012
Office Depot approves rights agreement

Office Depot's board of directors have approved a rights agreement and declared a dividend distribution of one preferred stock purchase right for each outstanding share of company common stock.

BOCA RATON, Fla. — Office Depot's board of directors have approved a rights agreement and declared a dividend distribution of one preferred stock purchase right for each outstanding share of company common stock. Each right initially represents the right to purchase 1/5,000th of a share of company preferred stock at $11.50. Also, initially, these purchase rights will not be exercisable and will trade with the shares of the company’s common stock. The rights agreement will expire on Oct. 23, 2013.

August 3, 2011
Talbots adopts poison pill on word of looming buyout

Talbots said on Tuesday that its board of directors has adopted a shareholder rights plan -- or a poison pill -- to protect its stockholders after a private equity firm disclosed it had acquired a sizeable stake in the company.

NEW YORK — Talbots said on Tuesday that its board of directors has adopted a shareholder rights plan -- or a poison pill -- to protect its stockholders after a private equity firm disclosed it had acquired a sizeable stake in the company.

On Monday, Sycamore Partners LP revealed it had acquired a 9.9% stake in Talbots and said it planned to attempt to talk with the retailer about strategy and operations.

Reports put Talbots’ market value at $288 million, and suggest a buyout would exceed $400 million.

May 11, 2011
Drugstore.com announces expiration of HSR waiting period for WAG deal

Drugstore.com on Tuesday announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the proposed merger by which the company would be acquired by Walgreens in a cash transaction.

BELLEVUE, Wash. — Drugstore.com on Tuesday announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the proposed merger by which the company would be acquired by Walgreens in a cash transaction.

The deal previously was announced on March 24.