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Consumer discretionary and consumer staples companies news.

Sirius XM Holdings Inc (Nasdaq: SIRI) announced on September 24 that it will own Pandora Media Inc (NYSE: P) by early next year. The deal will be worth $2.5b. Centerview/Morgan Stanley, along with Bank of America Merrill Lynch, will serve as financial advisers on this deal. Kirkland...
Staples Inc (Nasdaq: SPLS) and Essendant Inc (Nasdaq: ESND) announced on September 14 that an affiliate of Staples will acquire all outstanding shares of Essendant common stock for a total of $920 million. White & Case LLP served as the legal adviser for this transaction with Citigroup...
Pebblebrook Hotel Trust (NYSE: PEB) announced on September 6 that it will acquire 100% of LaSalle Hotel Properties’ (NYSE: LHO) outstanding common shares for a total of $5b. Citigroup/Goldman Sachs and Bank of America Merrill Lynch/Raymond James served as financial advisers while McGuireWoods LLP as legal adviser...
PepsiCo Inc (Nasdaq: PEP) announced on August 20 its plans to take over SodaStream International Ltd. (Nasdaq: SODA) in a transaction worth $3.2b. This deal is part of PepsiCoÕs to diversify its product offerings. This move allows the company to take advantage of the growing seltzer water...
United Natural Foods Inc. (Nasdaq: UNFI) stated on July 26 that it will be acquiring SuperValu Inc. (NYSE: SVU) for $32.50 in cash per share in a deal worth approximately $3b. The deal is expected to close in the fourth quarter of 2018 and includes the acquisition...
Conagra Brands (NYSE: CAG) announced on June 27 its plans to acquire Pinnacle Foods (NYSE: PF) in a cash and stock transaction worth approximately $10.8 billion. The deal is expected to close by the end of 2018. Jana Partners didn't waste time, having announced...
Perry Ellis International Inc. (Nasdaq: PERY) revealed on June 18 that it has agreed to be taken private by George Feldenkreis, the company's founder, for $437 million in cash. Investors in the company will receive $27.50 per share in cash. This deal comes as the result of...
Rent-A-Center Inc. (Nasdaq: RCII) and Vintage Capital Management LLC announced on June 18 that they have entered into a definitive agreement under which Vintage Capital will acquire RCII in a cash deal worth approximately $750 million. Vintage will pay $15 per share in cash for all outstanding...
Tyson Foods, Inc. (NYSE: TSN) announced on June 8, 2017, that the company had completed the acquisition of AdvancePierre Foods Holdings, Inc. in a deal valued at approximately $4 billion in cash. Tyson purchased all outstanding common shares of AdvancePierre Foods for $40.25 per share in cash,...
Harland Clarke Holdings of MacAndrew & Forbes Incorporated announced on April 10, 2017, that the company would acquire RetailMeNot, Inc. (Nasdaq: SALE) in a cash deal valued at approximately $400 million. Harland Clarke Holdings a has agreed to purchase all outstanding shares of RetailMeNot common stock for...