NEW YORK (AP) — Darden is setting Red Lobster adrift, but betting that it can still turn around Olive Garden's fortunes.
The company, which is based in Orlando, Florida, said Friday that it would sell its seafood chain to investment firm Golden Gate Capital in a $2.1 billion cash deal. The announcement came despite objections from some shareholders to the plan separate Red Lobster, which was announced late last year.
7. A bid of $1.8 billion suits Jos A Bank just fine - Friday, March 7, 2014
NEW YORK (AP) — Looks like the best suitor won. After an extended chase that included overtures on both sides, Men's Wearhouse and Jos. A. Bank will combine to create the nation's fourth largest seller of men's wear.
8. Men's Wearhouse lifts takeover bid for Jos A Bank - Friday, February 21, 2014
NEW YORK (AP) — Will they or won't they? Shares of Men's Wearhouse and Jos. A. Bank jumped on Monday after Men's Wearhouse said it was boosting its takeover offer yet again — spurring hopes that the months-long saga might finally be coming to an end.
9. Jos. A. Bank buying Eddie Bauer in $825M deal - Friday, February 14, 2014
Jos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $825 million that will help strengthen its men's wear business and diversify its offerings.
10. S&P 500 index logs its best week of the year - Friday, February 14, 2014
NEW YORK (AP) — The stock market closed out its best week of the year on Friday as investors focused on company earnings and brushed off another weak economic report.
Campbell Soup climbed after reporting earnings that beat the estimates of Wall Street analysts. Cliffs Natural Resources, a mining company, also jumped after its earnings beat analysts' expectations and the company named a new Chief Executive Officer.
11. Top Midstate residential real estate transactions for Dec. 2013 - Friday, January 10, 2014
Top December 2013 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.
12. Zoning change lifts Bellevue’s spirits - Friday, September 30, 2011
The 49-year drought of no liquor stores in Bellevue may be over, but the battle for liquor-store customers is only just beginning.
New liquor store owners – all three seemingly unconcerned about the string of shuttered Bellevue businesses, including Bellevue Center mall – are celebrating the successes of their grand openings.
13. New developer sparks hope for Bellevue, mall - Friday, August 26, 2011
After a few slow months, signs of life and new development are beginning to stir in Bellevue.
A new developer, North Carolina-based Crosland, has met with local officials on the Bellevue Center property, sources confirm. Also, Metro has zeroed in on four possible sites for a long-awaited new Bellevue branch library, an updated land-use plan is being written, and several new businesses have opened.