Jones Apparel to Buy Barneys in $400 Mln Deal
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Mid-priced clothing retailer and maker Jones Apparel Group Inc. said on Thursday it was buying Barneys New York Inc. in a $400 million deal to boost its retail business and move into luxury apparel.
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Endeavor Acquisition Corp.  said on Tuesday it planned to acquire American Apparel Inc., the largest T-shirt manufacturer in the United States, in a deal valued at about $244 million.
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NEW YORK -- In its first foray into the luxury market, shoe and clothing marketer Jones Apparel Group Inc. is buying upscale clothier Barneys New York Inc. for $294 million in cash.
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The sportswear label of luxury basics that became a $50 million business will be bought by the Kellwood Company.
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Bridgestone Americas Holdings Inc., the U.S. subsidiary of Japanese tire maker Bridgestone Corp. , will buy Bandag Corp. , a maker of tire retreading materials and equipment, the companies said on Tuesday.
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The Jones Apparel Group is near an agreement to sell Barneys New York for about $825 million to the investment arm of the Dubai government.
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Fast Retailing's  surprise $900 million bid for Jones Apparel Group's  Barneys New York underscores the Japanese clothing retailer's dream to become a global player and find growth outside its mature home market.
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American Apparelâs eccentric founder has decided to sell the privately held casual clothing chain for $382.5 million.
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Upscale US retailer Barney&#39;s New York is being sold to a Dubai state-owned investment firm for 825 million dollars in cash, Barney&#39;s parent Jones Apparel Group announced Friday.
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Bank of America said Friday it would purchase embattled mortgage lender Countrywide Financial Corp. for $4 billion in an all-stock transaction.
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Bank of America Corp said on Friday that it would buy battered mortgage lender Countrywide Financial Corp for $4 billion, a move that could avert one of the biggest collapses from the U.S. housing crisis.
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Dow Jones & Co., publisher of The Wall  Street Journal, has agreed to buy online financial news  provider MarketWatch Inc. for about $463 million in a bid to  boost its revenue from the fast-growing Internet advertising  market.
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NEW YORK -- Dow Jones &amp; Co., the publisher of The Wall Street Journal, will buy MarketWatch Inc. for about $519 million in a deal that would end a monthlong bidding war for the online financial news and information provider.
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Macy's Inc  said on Friday that  it signed a deal with Tommy Hilfiger USA Inc for Macy's to be  the exclusive department store retailer of Tommy Hilfiger men's  and women's sportswear in the United States.
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The Jones Apparel Group, a $4.3 billion clothing company with a middle-brow reputation, is close to making a deal to buy the totally trendy Barneys chain.
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Jones said the deal is valued at approximately $400 million, including cash consideration of $19 per share to Barneys stockholders totaling $294.
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Clothing retailer American Apparel  Inc. is close to a deal to be bought by Endeavor Acquisition  Corp.  for $244 million, the Wall Street Journal  reported on its Web site on Monday.