Tuesday December 1, 2015

updated - December 1, 2015 Tuesday EST

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Franchise News
Pinnacle Foods to Acquire Boulder Brands, Expands Pinnacle's Presence in Health and Wellness Categories

Pinnacle Foods Inc. has announced in a press release that it will be acquiring Boulder Brands, Inc. for approximately $710 million. The acquisition will expand Pinnacle’s presence in growing and complementary health and wellness categories.

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Franchise News
Elliot Management Takes 6.4 Percent Stake in Alcoa, Eyes Opportunities to Improve Company's Profit Margins

Elliot Management Corporation has disclosed that they have taken a 6.4 percent stake in Alcoa Inc., according to a report from Reuters.

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Franchise News
Pershing Square Increases Stake in Valeant Pharmaceuticals, Showing Bill Ackman's Commitment to Drugmaker

Bill Ackman’s Pershing Square Capital Management, L.P. has disclosed that it increased its beneficial ownership of Valeant Pharmaceuticals International, Inc. to 9.9 percent shares outstanding. The transaction highlights the activist investor’s commitment to the drug maker despite its stock being battered.

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Franchise News
Carl Icahn Acquires 7.1 Percent Stake in Xerox, Claims Company Is 'Undervalued'

Carl Icahn has disclosed on Monday that he has accumulated a 7.1 percent stake at Xerox Corporation, according to a report from The Wall Street Journal.

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Franchise News
Fiat Chrysler Expands Tuition Assistance to Employee Spouses and Children

Fiat Chrysler Automobiles has expanded the free tuition benefit to all its dealership employees nationally, including their spouse and children, according to a report from Fortune.

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Franchise News
MB Financial To Acquire American Chartered For Roughly $449 Million, Expands Commercial Banking Business

MB Financial, Inc. has announced in a press release that it will be acquiring American Chartered Bancorp, Inc. for approximately $449 million.

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