takeover
MSC Rejects ZIM Takeover Reports as Strategic Review Drags On
The two carriers already cooperate on trans-Pacific services, but MSC says acquisition talks never…
MSC Emerges as ‘Leading Contender’ to Acquire ZIM, Report Says
The world's largest ocean carrier's reported bid would surpass that of Hapag-Lloyd—a bidder that ZIM's…
ZIM Faces New Proxy Battle Amid Strategic Review and Buyout Chatter
An investor group holding 5 percent of company shares nominated three new board directors without the…
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As ZIM Sale Talks Heat Up, Workers Rail Against Reported Hapag-Lloyd Bid
The Israeli ocean carrier's workers are sounding off against a possible buyout from Hapag-Lloyd based on its…
Union Pacific Postpones Merger Filing, CPKC Warns of Two-Railroad Future
The filing setback comes as UP racks up tens of millions in merger costs and faces opposition from rivals and…
Forward Air Chairman Ousted, Potential Sale Appears in View
Chairman George Mayes and two other board members resigned following a shareholder vote, while PE firms are…
Macy’s Ends Takeover Talks With Arkhouse, Brigade
The retailer said the bid from Arkhouse and Brigade and accompanying financing were insufficient, and instead…
Bassett ‘Unanimously’ Rejects Takeover Offer
The furniture chain's CEO panned CSC Generation's offer as "highly opportunistic given recent turmoil in the…
Why Nordstrom Threw Up a Poison Pill
The retailer on Tuesday went on the defensive to fend off any unwanted investor attention as it announced…
Reject Job-Cutting Buyout Offers, Senator Tells Kohl’s
Wisconsin Senator Tammy Baldwin told the Kohl's board to look at what happened with Shopko's 2019 bankruptcy…
Foot Locker’s Poison Pill Aimed at Activist Investor With 5% Stake in Macy’s
The athletic retailer's newly adopted shareholder rights plan seems to be aimed at keeping the "Czech sphinx"…
Ascena Adopts Poison Pill as Share Price Plummets
Shares of Ascena were trading in the range of $1.80 on Wednesday, a far cry from a 52-week high of $23.00.
With Share Price Down 65%, Express Joins the Poison Pill Brigade
The fashion retailer is preemptively discouraging any investors considering a hostile takeover in its fragile…
Poison Pill: Retailers Go on the Defensive as Share Prices Plunge
Firms will set a poison pill plan if they expect a feeding frenzy by "opportunistic acquirers trying to…
G-Star Raw to Take Ownership of Global Retail Sweden
G-Star Raw is taking over its Swedish franchise partner, Global Retail Sweden.