Deals Editor @WSJ. One by one, the sweetest days of life go by.

Gannett raises its bid for newspaper publisher Tronc

marketwatch.com — Gannett Co. has privately sweetened its bid for Tronc Inc., according to people familiar with the matter, hoping to overcome resistance to a sale from the parent of the Chicago Tribune and Los Angeles Times. Details of the new overture, which comes after Tronc rejected a prior bid of $15 a share, couldn't be learned.

Gannett Sweetens Bid for Chicago Tribune Parent Tronc

wsj.com — Gannett Co. has privately sweetened its bid for Tronc Inc., according to people familiar with the matter, hoping to overcome resistance to a sale from the parent of the Chicago Tribune and Los Angeles Times. Details of the new overture, which comes after Tronc rejected a prior bid of $15 a share, couldn't be learned.

Madison Square Garden takes 12% stake in Townsquare Media

marketwatch.com — Madison Square Garden Co. has taken a stake in Townsquare Media Inc. as part of an effort to cooperate on new live-event opportunities. MSG bought about 3.2 million shares of Townsquare or a 12% stake, from GE Capital, the companies said Wednesday, confirming a Tuesday report by The Wall Street Journal.

Madison Square Garden Takes 12% Stake in Townsquare Media

wsj.com — MSG bought about 3.2 million shares of Townsquare, or a 12% stake, from GE Capital, according to people familiar with the matter. Given Townsquare's market value of about $230 million, the stake is worth nearly $30 million. The companies are expected to announce the transaction Wednesday.

Circle K parent close to deal to buy CST Brands

marketwatch.com — Circle K owner Alimentation Couche-Tard Inc. is nearing a deal to buy CST Brands Inc. in a big move to consolidate the convenience-store industry. Couche-Tard is the likely winner of an auction of CST, according to people familiar with the matter.

Couche-Tard Nears Deal to Buy CST

wsj.com — Circle K owner Alimentation Couche-Tard Inc. is nearing a deal to buy CST Brands Inc. in a big move to consolidate the convenience-store industry. Couche-Tard is the likely winner of an auction of CST, according to people familiar with the matter. It isn't clear what the Canadian company would pay, but CST has a market value of $3.4 billion,...

Apartment megadeal: MAA close to $4 billion purchase of Post Properties

marketwatch.com — Real-estate investment trust MAA is nearing a deal to buy Post Properties Inc. for about $4 billion, bringing together two major apartment owners who have benefited from a boom in rental demand. Post investors are to get 0.71 share of new MAA stock for each share they own in a deal that could be announced Monday, people familiar with the matter said.

Apartment megadeal: MAA close to $4 billion purchase of Post Properties

marketwatch.com — Real-estate investment trust MAA is nearing a deal to buy Post Properties Inc. for about $4 billion, bringing together two major apartment owners who have benefited from a boom in rental demand. Post investors are to get 0.71 share of new MAA stock for each share they own in a deal that could be announced Monday, people familiar with the matter said.

MAA Nears Deal to Buy Post Properties for About $4 Billion

wsj.com — Real-estate investment trust MAA is nearing a deal to buy Post Properties Inc. for about $4 billion, bringing together two major apartment owners who have benefited from a boom in rental demand. Post investors are to get 0.71 share of new MAA stock for each share they own in a deal that could be announced Monday, people familiar with the matter...

Rackspace said to be near sale to private-equity firm

marketwatch.com — Rackspace Hosting Inc. is nearing a sale to a private-equity firm, two years after the cloud-computing company said it would explore a deal amid heightened competition in the fast-growing market. The San Antonio-based company is in advanced talks with one or more private-equity firms, and a deal could be reached as soon as this week, according to people familiar with the matter.
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Aug 23, 2016

@DaveCBenoit Ok I acknowledge, total foot fault. (Can't say same of @BenEisen)

Aug 23, 2016

The M&A Coverage Conundrum  http://bloom.bg/2c3sPvg  Nice explainer of the deal-reporting racket by @jcmccracken

Aug 20, 2016

RT @maureenmfarrell: BAML's co-head of ECM Mary Ann Deignan is leaving for Lazard to join its corp. preparedness team, advising on activism #IPOs story to come

Aug 16, 2016

RT @DanaMattioli: Couche-Tard confirms it's in talks with "3rd party," confirming WSJ scoop w/ @danacimilluca & @BenDummett yesterday https…

Aug 15, 2016

AIG nears sale of mortgage-insurance biz to Arch Capital. Scoop by @lesliescism & @JoannLublin. Latest e.g. of M&A snatching a deal from IPO

Aug 15, 2016

RT @DanaMattioli: MAA announces deal to buy Post Properties, confirming scoop w/ @danacimilluca Sunday  http://on.wsj.com/2aNCMva 


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