Franchise News
Pepperidge Farm Sues Trader Joe's For Trademark Infringement Claiming Grocery Chain's Crispy Cookies Look Too Much Like Milanos
DOJ Antitrust Unit Subpoenas Mylan, Looking For Information Regarding Pricing Of Doxycycline
The U.S. Department of Justice antitrust division has subpoenaed Mylan N.V. for information, according to a report from Reuters.
Latest News
Sandell Asset Management Tells Bob Evans to Consider Selling its Packaged Foods Business to Post Holdings, Business could be Sold for More than $950 Million
Sandell Asset Management Corp. has released a copy of the letter, published in Business Wire, that it sent to Bob Evans Farms, Inc. board of directors, urging them to consider selling BEF Foods, its packaged foods business, to Post Holdings Inc. Post Holdings, the maker of Honey Bunches of Oats and Grape-Nuts cereal, would be interested in the deal and could potentially pay more than $950 million for the packaged foods business.
Motorola Solutions to Acquire Airwave for about $1.2 Billion, Expand its Managed and Support Services Business
Motorola Solutions Inc. has announced in a press release that it will be acquiring Airwave Solutions Ltd. for £817.5 million or approximately $1.2 billion. The acquisition expands Motorola’s Managed & Support Services business.
KaloBios to Acquire Benznidazole Program, Program is Used for the Treatment of Chagas Disease
KaloBios Pharmaceuticals, Inc. has announced in a press release that it will be acquiring a benznidazole program from Savant Neglected Diseases, LLC, a privately-held specialty pharmaceutical company. The program is used for the treatment of Chagas Disease.
David Crane Steps Down as President and CEO of NRG, Mauricio Gutierrez Named as His Replacement
NRG Enegery Inc. has announced in a press release that David Crane is stepping down as president and CEO of the company, effective immediately. Crane, who has been president and CEO since 2003, will be replaced by Mauricio Gutierrez, who serves as the executive vice president and COO of NRG since July 2010.
Mortgage Rates Down for 3rd Straight Week, Mortgage Applications Also Fall
Freddie Mac said in a press release that their Primary Mortgage Market Survey show mortgage rates have decreased for third straight week due disappointing manufacturing data.
Barclays to Sell Italian Retail Banking Business to CheBanca!, Part of Reduction of Non-Core Business
Barclays PLC has announced in a press release that it will be selling its Italian Retail Banking network of 89 branches to CheBanca!, the retail arm of the Mediobanca Group. The transaction is part of Barclays’ strategy to reduce businesses that are unprofitable or lack scale.
Target to Pay $39 Million to Resolve Claims Stemming From Data Breach
Target Corp. has agreed to pay $39 million to banks and credit unions to resolve their claims that they lost money because of the company’s late 2013 data breach, according to a report from Reuters.
Shell Receives Final Australian Regulatory Clearance, Combination with BG Only Needs Clearance from China Regulators
Royal Dutch Shell plc has announced in a press release that its recommended combination with BG Group plc has received approval from the Australian Foreign Investment Review Board (FIRB). The recommended combination now only needs approval from China’s regulatory authorities.
Qualcomm Enters Patent License Agreement with Xiaomi, Quells Fears that Chinese Vendors are Ignoring Company's Patent Licensing
Qualcomm Inc. has announced in a press release that it has entered into a new 3G and 4G China patent license agreement with Xiaomi Inc., a leading Chinese smartphone and Internet company. The announced agreement quells investors’ fears that Chinese vendors are ignoring Qualcomm’s patent licensing.
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