Franchise News
PIMCO Creates Global Advisory Board, Names Ben Bernanke, Jean-Claude Trichet, Gordon Brown To Board
BBCN To Acquire Wilshire for $1 Billion, Looks To Create Only Super Regional Korean-American Bank in the U.S.
JAB Holding-Led Investor Group To Acquire Keurig In Hopes Of Creating Global Coffee Empire
Keurig Green Mountain, Inc. has announced in a press release that it will be acquired by an investment group led by JAB Holding Company for approximately $13.9 billion.
Latest News
GE Calls Off Sale Of Appliance Business to Electrolux Following DOJ's Move to Block Deal
Electrolux has announced in a press release that General Electric (GE) has terminated its agreement to sell its appliance business to Electrolux for $3.3 billion.
Sony Acquires Toshiba's Image Sensor Business, Removing Major Competitor From The Field
Sony Corporation has announced in a press release that it will be acquiring Toshiba Corporation’s certain semiconductor fabrication facilities for a reported $155 million.
Hostess Brands In Talks to Acquire Give And Go Prepared Foods: Deal To Tie Twinkie With 2-Bite Brownie
Hostess Brands LLC is in talks to acquire Give and Go Prepare Foods Corp., the Canadian maker of thaw-and-serve sweet baked goodies, people familiar with the matter told Reuters.
Founder of Williams-Sonoma Chuck Williams Dead At Age 100
Williams-Sonoma, Inc. has announced in a press release that Charles E. “Chuck” Williams, the founder and director emeritus of the company have died. Williams, who was 100-years-old, died of natural causes.
DOJ Antitrust Unit Subpoenas Mylan, Looking For Information Regarding Pricing Of Doxycycline
The U.S. Department of Justice antitrust division has subpoenaed Mylan N.V. for information, according to a report from Reuters.
Pepperidge Farm Sues Trader Joe's For Trademark Infringement Claiming Grocery Chain's Crispy Cookies Look Too Much Like Milanos
Pepperidge Farm's lawsuit reportedly claims Trader Joe’s Crispy Cookies too closely resemble the company’s Milano cookies both in look and package design.
Amazon Buys New Truck Trailers, Looking to Make Deliveries More Efficient
Amazon.com Inc. announced in an event in Chicago that it will start rolling out thousands of Amazon-branded tractor-trailers, according to a report from Wired. The new tractor-trailers are to help make deliveries more efficient.
Avon Close to Selling its North American Business to Cerberus, Barington Warns Avon of the Deal
Avon Products Inc. is in advanced talks to sell its North American business to Cerberus Capital Management LP, a private equity firm, people familiar with the matter told The Wall Street Journal. Barington Capital Group LP, a private equity investor who led a group that collectively owns a three percent stake in Avon, warns the cosmetics maker against the transaction with Cerberus.
Subway Names Joseph Tripodi New Global CMO, Replaces Tony Pace
Subway has named Joseph Tripodi, the former CMO of Coca-Cola, to be the company’s new CMO, effective immediately, according to a report from Adweek. Tripodi will be replacing Tony Pace, who announced in July that he will be leaving the company, effective September 30, 2015, to start his own marketing firm.
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