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Laundry facilities company WASH explores sale-sources
Jan 6 (Reuters) - WASH Multifamily Laundry Systems, whose washers and dryers are used weekly by more than 5 million people in North America, is exploring a sale that could value it at more than $900...
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Hedge fund scores win for appraisal arbitrage strategy
Jan 6 (Reuters) - A Delaware court has ruled in favor of an increasingly popular strategy in which hedge funds buy the stock of a company targeted in a merger and then litigate for a bigger payout on...
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American Electric retains Goldman to explore options for power plants
Jan 6 (Reuters) - American Electric Power Co Inc said on Tuesday that it retained Goldman Sachs to explore options for its wholesale power business.
View ArticleImmune Therapeutics Inc. CEO Issues Letter to Shareholders Highlighting...
ORLANDO, Fla., Jan. 5, 2015 /PRNewswire/ -- Immune Therapeutics Inc. (OTCBB: IMUN), a biopharmaceutical company focused on the development and commercialization of targeted immune therapies, announced...
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Investors raised $7 bln from stakes in Israeli tech firms
JERUSALEM, Jan 6 (Reuters) - Investors raised $6.94 billion from selling stakes in Israeli technology companies in 2014, a five percent increase on the previous year, boosted mainly by an increase in...
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Coach to buy luxury shoe maker Stuart Weitzman
Jan 6 (Reuters) - Coach Inc said it would buy luxury footwear company Stuart Weitzman Holdings LLC from private equity firm Sycamore Partners in a deal valued at up to $574 million.
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UPDATE 2-Egypt's Bisco Misr shareholders agree to sell stake to Kellogg
CAIRO, Jan 6 (Reuters) - Shareholders in Egypt's Bisco Misr have agreed to sell a controlling stake to Kellogg as the world's largest breakfast cereal maker emerged as the likely winner of an $87...
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BRIEF-Shanghai Pret Composites' unit to acquire US firm WPR and unit DC Foam
* Says unit plans to acquire U.S. firm WPR and its unit DC Foam for $70.45 million
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Meineke franchise owner Driven Brands up for sale -sources
Jan 6 (Reuters) - Driven Brands Inc, the owner of franchised U.S. automotive repair chains including Maaco and Meineke Car Care, is exploring a sale that could value it at more than $600 million,...
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Outgoing U.S. postal chief hails grocery delivery, seeks innovation
WASHINGTON, Jan 6 (Reuters) - Outgoing Postmaster General Patrick Donahoe said on Tuesday the financially beleaguered U.S. Postal Service can be profitable if it can overcome healthcare burdens and...
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Walgreens December same-store sales beat estimates
Jan 6 (Reuters) - Walgreen Co, the largest U.S. pharmacy chain, reported a better-than-expected jump in December comparable store sales, helped by the month containing one more Wednesday and one...
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CORRECTED-UPDATE 3-Yogurt maker Chobani says may tap turnaround expert to...
(Corrrects to clarify impact of recall in paragraph 1 and 6)
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UPDATE 3-Coach adds luxury shoes to offerings with Stuart Weitzman buy
* Transaction expected to close by May (Adds Breakingviews link; updates shares)
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Verizon not pursuing AOL takeover - CEO
Jan 6 (Reuters) - Verizon Communications Inc Chief Executive Lowell McAdam said the company is not planning any major acquisitions, following a report that Verizon had approached AOL Inc for a...
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