The Board of Directors of NYSE-listed Family Dollar Stores, Inc. has recommended support of merger agreement with Dollar Tree, while unanimously rejecting the non-binding proposal made by Dollar General Corporation citing antitrust ...
Tags: Family Dollar Stores, Dollar Tree, Apparel
Medtronic and Johnson & Johnson have agreed to settle a patent infringement lawsuit involving insulin pumps. On July 28, Judge Ronald Lew in U.S. District Court for California’s Central District issued a joint stipulation, ...
NEWARK (CN) – Hitachi, Panasonic, Sanyo and a host of other electronics manufacturers conspired to fix prices of capacitors, a Silicon Valley company claims in a federal antitrust class action. eIQ Energy, of San Jose, named 27 ...
Tags: Price Fixing, Electrical, Electronics
Las Vegas-based ClarkWestern Building Systems (dba ClarkDietrich) filed a federal antitrust RICO complaint in federal court Wednesday against a suite of companies, claiming a trade group created “sham” regulations to squeeze ...
Tags: ClarkWestern, Mineral, Metallurgy
Law360, New York (July 21, 2014, 2:52 PM ET) — Panasonic Corp. along with units of Hitachi Ltd. and Samsung Electronics Co. Ltd. were slapped with an antitrust class action in California federal court Friday alleging they participated ...
Tags: Circuit Board, Electrical, Electronics
The raid of electronic capacitor companies in Japan this week is a further indication that antitrust enforcers may be pursuing a worldwide cartel involving the small, but ubiquitous product, antitrust attorneys said. “This has the ...
Tags: raid, Electrical, Electronics
Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has ...
Tags: Lululemon, Shares, Sporting Goods
Dennis Wilson, founder and board member of NASDAQ-listed lululemon athletica Inc has sold his 13.85% stake to Advent International, a global private equity investor. The deal has been signed for $845 million and Advent will be acquiring ...
Tags: Dennis Wilson, Apparel, Accessories
Russian steelmaker Severstal has announced that it has entered into separate definitive transaction agreements to sell its Severstal Columbus and Severstal Dearborn subsidiaries, collectively known as Severstal North America, to US ...
U.S. companies are crying foul over China’s oversight of monopoly and pricing issues, as antitrust enforcement threatens to further sour Sino-American business ties already damaged by a row over cyber espionage. The U.S. Chamber of ...
United Natural Foods has signed an agreement to acquire all of the stock of Tony’s Fine Foods, a distributor of perishable food products, for nearly $195.3m. Founded in 1934, Tony's primarily sells its products to retail and ...
The $156 million final judgment against Nucor Corp. Reliance Steel & Aluminum Co., American Alloy Steel Inc. and JSW Steel (USA), for conspiring to drive competitor MM Steel LP out of business was delayed Monday by US District Judge Kenneth ...
Tags: Metallurgy, Mineral, Energy
Blood glucose test strips sold in these packages have been declared misbranded by FDA and should not be used. (Courtesy FDA) FDA has announced the recommendation that use of Shasta Technologies' GenStrip Glucose Test Strips be ...
Tags: FDA, Certification, Health, Medicine
R.G. Barry Corporation, the parent of Dearfoams, signed a merger agreement pursuant to which Mill Road Capital, a private equity firm, will acquire all of the outstanding shares of R.G. Barry for $19.00 per share in cash, reflecting an ...
Tags: Sporting Goods, Recreation
AK Steel reported Tuesday a net loss of $86.1 million, or $0.63 per diluted share of common stock, for the first quarter of 2014, compared to a net loss of $9.9 million, or $0.07 per diluted share, for the first quarter of 2013 and net ...
Tags: AK Steel, blast furnace