Zings Of The Day (ACV, JBLU, UL)

Unilever UL announced it was buying Alberto-Culver ACV for $37.50 per share. This is a 19% premium to Alberto-Culver's closing price on Friday. The deal is important because now some one will actually buy Alberto-Culver products, unlike the American consumer. JetBlue JBLU announced it was acquiring AirTran Holdings, Inc. AAI for $7.69 per share, a 57% premium. JetBlue was particularly proud of the deal, saying it will increase the consumer experience. It will lead to longer lines, higher fees, and awful service. The earmarks of the airline industry. Wal-Mart WMT offered to buy South Africa's Massmart for $4.2 billion, as it looks to expand internationally. Wal-Mart wants to control the universe's retail sector, not just the American retail sector. Upon closing of the deal, Wal-Mart's new headquarters will be the Death Star, and its CEO will be one, Darth Vader.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsOfferingsContractsM&AAirlinesConsumer StaplesHypermarkets & Super CentersIndustrialsPackaged Foods & MeatsPersonal Products
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!