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Fred's Inc. Shares Up 9% On Reported Private Equity Talks
Thursday, July 17, 2014 - 2:03pm | 115Fred's Inc. (NASDAQ: FRED) shares jumped more than 9 percent Thursday on a Reuters report that the company in talks to be acquired by a private equity firm. The company, which operates about 700 discount stores in the Southeast, hired Bank of America and Peter J. Solomon Co. in January to review...
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Will Financing Be Enough for RadioShack's Record Breaking Turn Around? (RSH)
Tuesday, July 23, 2013 - 9:42am | 392Struggling to stay afloat, RadioShack (NYSE: RSH) sought out investment bank Peter J. Solomon to raise funds, the Wall Street Journal reported. Although RadioShack has $461 million cash, this figure has been on a decline for several quarters with the company seeing $139 million in earnings...