March 21, 2002
Columbus, OH-based The Limited (NYSE: LTD) completed its offer on March 21 for all the shares of Intimate Brands (NYSE: IBI) it doesn’t already own, receiving 72.6 million tendered shares.
On March 12, Intimate Brands, , which mails the Victoria’s Secret and Bath & …
March 15, 2002
March 15, 2002
Back in the old days, when commerce was spelled without the first “e,” catalogers used traditional marketing efforts to generate catalog requests, including advertisements in magazines, package inserts, co-ops, card decks, list rental, and customer referrals. These methods worked because …More...
March 14, 2002
Private equity firm Cortec Group has signed a letter of intent to acquire Edison, NJ-based health and home care products cataloger Dr. Leonard’s Healthcare, which also mails the Carol Wright Gifts catalog, for about $200 million. A source familiar with …More...
March 7, 2002
revised its offer to acquire the 16% of Intimate Brands that it doesn’t already own. The original deadline was March 11; The Limited extended it to midnight, March 20.
Under the amended offer, all Intimate Brands shareholders will be offered 1.10 …
March 4, 2002
Uniforms, textile rental, and laundry services firm Angelica Corp., which mails the Life Uniform and Image Apparel catalogs, said on March 4 that it is negotiating with two buyers for parts of its manufacturing and marketing business, with agreements set to …More...
February 23, 2002
(Direct Newsline) Peter Lytle plans to hold onto all of the assets of Fingerhut Cos. and to keep existing senior staffers if his bid to purchase the company is successful, says Marshall Masko, Lytle’s partner in investment company Business Development …More...
February 22, 2002
The likelihood of Federated Department Stores selling its Fingerhut Cos. subsidiary has increased significantly now that there’s another offer on the table. After Cincinnati-based Federated announced on Feb. 21 that it signed a nonbinding letter of intent with Wayzata, MN-based …More...
February 21, 2002
The waiting is over—maybe.
Federated Department Stores announced on Feb. 21 that it has signed a nonbinding letter of intent with Wayzata, MN-based Business Development Group Acquisitions (BDGA) to acquire its Fingerhut Cos. subsidiary. According to Federated spokesperson Carol Sanger, …
February 20, 2002
filed a request with the Securities and Exchange Commission on Feb. 20 seeking more time to review an offer from retailer The Limited to acquire the 16% of Intimate Brands it doesn’t already own. The Limited announced its unsolicited $1.46 …