Content about Takeover

June 9, 2014

Activist investor Carl Icahn on Friday reported a 9.4% stake in Family Dollar, making him the company’s largest shareholder and prompting concerns of a hostile takeover.

Activist investor Carl Icahn on Friday reported a 9.4% stake in Family Dollar, making him the company’s largest shareholder and prompting concerns of a hostile takeover.
 
Family Dollar has responded by adopting a one-year shareholder rights plan with a 10% trigger that would prevent any investor from gaining a controlling interest of the company without board approval.
 

July 26, 2013

The $575 million acquisition of Maidenform Brands by HanesBrands would create a mass market intimate apparel powerhouse, but not everyone is happy with a sales price that is seen as undervaluing the takeover target.

The $575 million acquisition of Maidenform Brands by HanesBrands would create a mass market intimate apparel powerhouse, but not everyone is happy with a sales price that is seen as undervaluing the takeover target.