Content about Equity securities

March 4, 2014

By most accounts, 2013 was a banner year for IPOs. According to Renaissance Capital, a total of 222 companies went public in 2013, marking the best year for the IPO market since 2000. As we predicted in a previous article in Chain Store Age, the retail and consumer products industry played a key role in this IPO activity, accounting for 19 offerings and $8.3 billion in proceeds. This marked a notable increase from the number of offerings seen in 2012 (15) and 2011 (12), according to Renaissance Capital.

February 7, 2014

Private equity firm KKR & Co. will acquire National Vision Inc. from Berkshire Partners.

New York -- Private equity firm KKR & Co. will acquire National Vision Inc. from Berkshire Partners.

National Vision, which focuses on low-cost glasses and contacts, operates more than 750 retail locations under names that include America's Best Contacts & Eyeglasses and Eyeglass World. It also has stores inside Wal-Mart Stores Inc, Fred Meyer, and military bases.

Terms of the deal were not disclosed. The management team of National Vision is expected to remain a significant investor in the company, KKR said.

February 3, 2014

Roundy’s, Inc. will be offering 2,948,113 shares of its common stock, and certain selling stockholders will be offering 5,896,226 shares of the company’s common stock.

Milwaukee – Roundy’s, Inc. will be offering 2,948,113 shares of its common stock, and certain selling stockholders will be offering 5,896,226 shares of the company’s common stock. The underwriters will be granted a 30-day option to purchase up to an additional 1,326,650 shares of common stock from the selling stockholders, all at the offering price less the underwriting discount.

October 17, 2013

On Oct. 14, 2013, shareholders of DSW Inc. approved a two-for-one stock split of DSW's common shares, along with approving an increase in the number of Class A common shares authorized for issuance.

Columbus, Ohio - On Oct. 14, 2013, shareholders of DSW Inc. approved a two-for-one stock split of DSW's common shares, along with approving an increase in the number of Class A common shares authorized for issuance. The company plans to effect the stock split on Nov. 2, 2013, by filing an amendment to its articles of incorporation.  

October 2, 2013

J.C. Penney Company shareholder Alan Marcus is suing the troubled department store chain because of its recent decision to build equity by issuing more than $800 million worth of new stock, which sent share values plunging, Reuters reported.

Plano, Texas – J.C. Penney Company shareholder Alan Marcus is suing the troubled department store chain because of its recent decision to build equity by issuing more than $800 million worth of new stock, which sent share values plunging, Reuters reported.    

The report said Marcus, who bought 300 shares of Penney stock on Sept. 26 shortly before the new stock was announced, is trying to obtain class-action status for his suit.
     

September 11, 2013

Hubert Joly, president and CEO of Best Buy Co., Inc., exercised and sold 350,467 stock options and sold 100,686 shares of company stock on Sept. 6.

Richfield, Minn. -- Hubert Joly, president and CEO of Best Buy Co., Inc., exercised and sold 350,467 stock options and sold 100,686 shares of company stock on Sept. 6. Joly sold the stock due to circumstances relating to his divorce that was concluded in June of this year.

“As reflected in the Form 4, Joly's holdings remain substantially in excess of his 140,000 share ownership target under the company's executive stock ownership guidelines following the reported transaction,” Best Buy said in a press release.

 

December 4, 2012

Multiple reports on revealed that private equity firm Leonard Green & Partners disclosed in a regulatory filing that it has upped its stake in shoe retailer DSW Inc. to 1.3 million shares – or 3% of the company.

New York -- Multiple reports on Tuesday revealed that private equity firm Leonard Green & Partners disclosed in a regulatory filing that it has upped its stake in shoe retailer DSW Inc. to 1.3 million shares – or 3% of the company.

The news sent DSW shares upward as much as 6% on Tuesday.

Leonard Green previously owned 981,196 shares in DSW before raising its stake. It was forced to disclose its new position after a request for confidential treatment expired on Nov. 28.

 

March 8, 2010

Ingles Markets announced it will repurchase up to one million shares of its common stock....

November 5, 2008

Whole Foods Market announced on Wednesday that private-equity firm Leonard Green & Partners is buying...

September 30, 2008

After failing to find a buyer, Borders Group Inc. has been forced to issue warrants...

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