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Chris Hathaway
This map shows all the locations Sears once operated and what it has left todayRead more
  October 9, 2018         Mattress Firm On October 5, Mattress Firm, DIP filed a voluntary prepackaged Chapter 11 petition in the U.S. Bankruptcy Court in the District of Delaware. The Honorable Christopher S. Sontchi was assigned to the proceedings ... Read more
Robbie Gale
  October 2, 2018         Kroger and Walgreens Kroger and Walgreens made a joint announcement earlier today, noting that the companies are collaborating on an exploratory pilot with a new format and concept that combines retail grocery with pharmacy ... Read more
Robbie Gale
  September 25, 2018       Sears Holdings Corporation Yesterday, Sears Holdings Corporation announced receipt of a restructuring proposal from ESL Investments. The proposal states that Sears is facing “significant near-term liquidity restrain ... Read more
Robbie Gale
  September 18, 2018   Essendant & Staples On September 14, Staples and Essendant entered into a definitive agreement under which Staples will acquire all of the outstanding shares of Essendant’s common stock for $12.80 per share in cash, for a transaction value o ... Read more
Robbie Gale
  September 11, 2018   Essendant & Staples Essendant Inc. (ESND) issued an update on the offer to be acquired by Staples, Inc. Management stated that the Staples proposal to acquire Essendant for an all cash consideration of $12.80 per share is superior to Essendant&rsq ... Read more
Robbie Gale
  September 5, 2018       Essendant & Staples Essendant previously agreed to merge with S.P. Richards Co. (SPR), an office supply distributor and a unit of Genuine Parts Company. In April 2018, Staples launched a hostile bid for Essendant. More rec ... Read more
Robbie Gale
  August 29, 2018       Toys "R" Us In the Toys “R” Us, DIP bankruptcy case, the Propco I Debtors filed a motion to establish bidding procedures for an auction of 82 properties, including 52 ground-leased units, 29 building leases, and ... Read more
Robbie Gale
  August 22, 2018       Toys "R" Us In the Toys “R” Us, DIP case, on August 20, the Court provided notification of: (i) the selection of the successful bidder and backup bidders following the auction of 123 Toys "R" Us and Babies "R" Us ... Read more
Robbie Gale
  August 14, 2018         Albertsons and Rite Aid On August 8, Albertsons and Rite Aid announced a mutual agreement to terminate their proposed merger. As we have been reporting, the merger had been criticized by Rite Aid shareholders, including ... Read more
Robbie Gale

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