Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
Sanderson Farms, an integrated poultry processing company, has been hit by a class action lawsuit filed in a US district court in New York for allegedly making misleading statements to its investors. Pomerantz, a law firm with presence in ...
Japanese Omron Automotive Electronics (OAE) has agreed to plead guilty and pay $4.6m fine for its involvement in rigging bids for power window switches in Honda Civics, the US department of justice (DoJ) said. The justice department said ...
Tags: OAE, Bid rigging case
Posted in Medical Device Business by Chris Newmarker on January 14, 2015 Hill-Rom—the dominant player in the U.S. hospital bed market—is facing a federal lawsuit in western Texas that alleges that the company has used its ...
Tags: Hospital Bed Maker, Health
The Cutrale and Safra Groups announced that the previously announced tender offer by its affiliate, Cavendish Acquisition Corporation, for all outstanding shares of common stock of Chiquita Brands International at a price of $14.50 per ...
Tags: antitrust laws, Agriculture
File photo courtesy of Qantas. Deutsche Bahn’s (DB) logistics subsidiary, Schenker AG, will seek damages estimated at USD 2.5 billion — approximately $370 million in the US and $2.19 billion in Germany including interest ...
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
The American Quarter Horse Association (AQHA) has filed the latest installment in a long-running court case relative to cloned horse registration. Some owners have used the cloning process-which was first performed on horses in 2003-to ...
The US Federal Trade Commission in July announced it had filed a complaint aimed at stopping Ardagh’s acquisition of the Verallia North America (VNA) unit, which makes jam jars and drinks bottles for the US market. Ardagh said that ...
Tags: Ardagh, Anti-Trust Issues
Alcoa's declining market capital and low share price prompted officials with S&P Dow Jones Indices to remove the US aluminum major from its Dow Jones industrial average Tuesday. "Alcoa's market capital was dead last among the 30 ...
Tags: Metallurgy, Mineral, Energy, aluminum
Customers who bought e-books during a period of alleged price-fixing between Apple and five major publishers may be eligible to compensation payments. The United States District Court for the Southern District of New York has announced ...
The Federal Trade Commission is seeking to block Ardagh Group's planned acquisition of Compagnie de Saint-Gobain SA's SGO.FR +1.92%U.S. glass-bottle operations, saying the purchase would violate antitrust laws. Ardagh, a glass and ...
Tags: Glass-Bottle, Construction
The Federal Trade Commission challenged Ardagh Group, S.A.'s proposed $1.7 billion acquisition of Saint-Gobain Containers, Inc., alleging that it will reduce competition and result in the two firms - the merged firm and its only remaining ...
Apple didn't try to fix or raise the prices of electronic books when it entered into the market in 2010, according to Apple Senior Vice President Eddy Cue. Rather, he says, the company was only working to ensure a profit for itself. ...
Tags: Apple, Electronic Book Market
Google is facing another antitrust probe by US regulators into whether the firm is using its Google is facing another antitrust probe by US regulators into whether the firm is using its position as the world's number one web organisation to ...
Tags: Computer Products