Archives - Company of the Day

June 19, 2013 Privately held Chinese firm Dalian Wanda Group, the company of billionaire chairman Wang Jianlin, is acquiring British yacht maker Sunseeker International. Dalian Wanda is paying £320 million (some $500 million) for [...]

June 18, 2013 A battle may be emerging over Kabel Deutschland, Germany’s biggest cable company. Last week British telcom giant Vodafone said it had approached Kabel Deutschland about a potential takeover. Now [...]

June 17, 2013 Hedge fund Starboard Value is arguing that pork producer Smithfield Foods should consider splitting itself up despite its proposed $4.7 billion sale to Shuanghui, a major Chinese meat [...]

June 14, 2013 London-based Barclays Bank opened a new technology center in Dallas yesterday. The bank expects to recruit as many as 700 technology staff — mostly new hires — [...]

June 13, 2013 The ill-fated Carnival Triumph today sets sail from Galveston, just months after an engine fire aboard ship left 3,000 passengers adrift in the Gulf of Mexico without [...]

June 12, 2013 The CEO of Dole Food Company has made an unsolicited bid for the 60% of the company that he does not already own. David Murdock, the 90-year-old self-made [...]

June 11, 2013 lululemon athletica yesterday announced its first-quarter results and the resignation of its CEO, Christine Day. Day, who has led the company for five and a half years, [...]

June 10, 2013 Soon-to-merge AMR Corp. and US Airways today named eight senior executives to lead the combined company. Five of the top executives will come from smaller US Airways, including CEO [...]

June 7, 2013 Despite a lackluster response from Elan‘s shareholders, Royalty Pharma is proving its mettle by persistently upping its hostile tender offer for Elan’s shares. With its eye on [...]

June 6, 2013 IPO rumors are bubbling up around The Container Store, which has reportedly hired advisors to explore options for a potential public offering. The company was taken private [...]