Jones confirms deal to buy Barneys
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Jones Apparel Group said Thursday it struck a deal to acquire Barneys New York Inc., agreeing to pay $400 million for the upscale clothing retailer&#39;s outstanding stock and debt.
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Rupert Murdoch's News Corp. has reportedly reached a tentative agreement to buy Wall Street Journal publisher Dow Jones &amp; Co.
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Fashion Wire Daily - Fashion Wire Daily November 19, 2004 - NEW YORK - With the holiday season nigh, retail giants have been doing some shopping of their own. Last week, retailer to the masses, Jones Apparel Group, acquired Barneys New York Inc., causing fashionistas the world over to perspire over the fate of the luxury retailer. Then, trumping the JNA-Barneys deal entirely, Kmart and Sears merged to create the third largest U.S. retailer.
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Jones Apparel said on Thursday it received a bid from Fast Retailing to acquire Barneys New York for $900 million, which tops an existing pact to sell the clothing chain for $825 million.
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US buyout specialist Kohlberg Kravis Roberts &amp; Co. is buying Masonite International (MHM.TO: Quote, Profile, Research) , a Canadian-based maker of building products
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Barratt Developments has confirmed that it has agreed to buy rival housebuilder Wilson Bowden for about 2.2 billion pounds.
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Australia&#39;s second largest retailer Coles said Monday it had agreed to a 22 billion dollar (18.7 billion US) buyout offer from conglomerate Wesfarmers, the largest corporate deal in Australian history.
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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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Jones Apparel Group Inc.  is  near a deal to sell the Barneys New York department store chain  for $825 million to Dubai&#39;s private equity firm Istithmar, The  New York Times reported on Friday.
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Jones Apparel Group Inc. JNY.N, a  mid-priced clothing retailer and maker, said on Thursday it was  buying Barneys New York Inc. BNNY.OB in a deal worth $400  million as a move to expand into luxury apparel retailing.
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Australia's second-largest retailer, Coles Group Ltd. , agreed to a A$22 billion ($19 billion) bid, including debt, from conglomerate Wesfarmers Ltd. , in the country's biggest takeover.
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BT Group confirmed this morning it is to buy the Californian telecoms group Infonet Services Corp for Â£965 million. The news followed reports which said that the UK telecoms
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MEMPHIS, Tenn. -- The Memphis Grizzlies waived guard Eddie Jones on Tuesday after agreeing to a buyout of his contract.
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Shares of Jones Apparel Group Inc.   rose 4.8 percent on Friday after a media report said  private equity firms Bain Capital, Texas Pacific Group and The  Blackstone Group are the lead bidders for the shoe and apparel  maker.
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Jones Apparel Group Inc.  is nearing a deal to sell its luxury Barneys New York department store chain to a private equity firm owned by the Dubai government, according to reports by two news organizations on Wednesday.
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Edward Jones &amp; Co., a brokerage firm that caters to individual investors, agreed to pay $75 million to settle regulators&#39; allegations that it didn&#39;t disclose hidden marketing deals with mutual funds.
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Jones Apparel Group agreed to buy Barneys yesterday for $400 million, uniting the manufacturer of Nine West shoes and Anne Klein suits with the upscale purveyor of $1,000 hand bags and $2,500 suits.