DealPulse

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Pet Market Roars as Bansk Acquires PetIQ

As pet ownership climbs, PetIQ, Inc. announced it will be taken private by Bansk Group in a $1.5 billion deal. The all-cash reverse triangular merger will bring the pet medication,...

The Standard to Acquire Allstate Employer Voluntary Benefits Business

Allstate Corporation announced a definitive agreement to sell its Employer Voluntary Benefits business to StanCorp Financial Group, Inc., (The Standard) for $2.0 billion. The all-cash deal is structured as an...

Kroger/Albertsons Merger Trial Begins

As reported in this column in October 2022, Kroger fought for an express checkout on its acquisition of supermarket rival Albertsons. They have failed, so far. The Federal Government’s...

M&Ms Meet M&A: Mars Gobbles Up Kellanova

Mars, the maker of such iconic brands as M&Ms and Snickers, announced it will acquire snacking giant Kellanova, which owns such well-known snacks as Pringles and Pop-Tarts. The $34.9...

Kirkland and Paul Weiss Advise on Owens & Minor/Rotech Deal

As aging Boomers increasing turn to home healthcare, Owens & Minor, Inc. announced that it will acquire Rotech Healthcare Holdings, Inc. for $1.36 billion. The all-cash deal is expected to produce $40...

Chasing Cash: United Bankshares to Acquire Piedmont Bancorp

As banks battle for deposits, United Bankshares announced its $267 million acquisition of Piedmont Bancorp, thereby creating the 39th largest banking company in the U.S. based on market capitalization. The...