-
Fortune Brands May Select Morgan Stanley To Sell Golf Unit
Thursday, January 6, 2011 - 2:11am | 153Read More...Fortune Brands (NYSE: FO), the maker of Jim Beam bourbon and Titleist golf balls, is reportedly considering selecting Morgan Stanley (NYSE: MS) to manage the sale of its golf business, according to a report by Bloomberg News. The investment bank may approach potential buyers such as Nike (NYSE: NKE...
-
Barnes & Noble Up For Sale (BGP, AMZN)
Wednesday, August 4, 2010 - 10:38am | 149Read More...Barnes & Noble, Inc. (NYSE: BKS) is apparently up for sale after losing market value for the last four years, according to GlobeSt.com. William Ackman, whose hedge fund Pershing Square Capital Management owns a significant stake in competitor Borders Group (NYSE: BGP), has indicated that the...
-
Borders Group (BGP) Surges 33% On News Of Doubled Profits, Loan Repayment and Credit Agreement
Wednesday, March 31, 2010 - 7:52pm | 313Read More...Shares of Borders Group, Inc. (NYSE: BGP) surged in after hours trading after the book seller reported that 4th quarter profits more than doubled and that it repaid a $42.5 million loan from the company's largest investor, William Ackman's investment firm Pershing Square. Benzinga reported this...
