The Canadian-based Alimentation Couche-Tard Inc. (ACT) (TSX:ACT) is reportedly planning to reapproach Japan’s Seven & i Holdings (OTCMKTS: SVNDY) with a new acquisition bid, despite the U.S. Federal Trade Commission’s (FTC) reported it was pursuing an antitrust...
The U.S. Federal Trade Commission (FTC) has notified Japan’s Seven & i Holdings (OTCMKTS: SVNDY), the parent company of the 7-Eleven chain, that it plans to investigate potential antitrust concerns related to the unsolicited acquisition bid by Canada’s...
The discount retailer Big Lots Inc. (NYSE: BIG) has filed for Chapter 11 bankruptcy and announced the sale of its assets and business operations to an affiliate of Nexus Capital Management LP. Under the terms of the Sale Agreement, Nexus will serve as the...
The retailer LL Flooring is shutting down its stores after failing to secure a buyer after it filed for bankruptcy last month. In an online statement, LL Flooring’s leadership announced that it “has been working hard to pursue a going-concern sale of the company and...
Japan’s Seven & i Holdings (OTCMKTS: SVNDY), the parent company of the 7-Eleven chain, has rejected an unexpected acquisition bid from the Canadian-based Alimentation Couche-Tard Inc. (ACT) (TSX:ACT) that could have created one of the world’s largest retail...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
