Habs acquire Folin, Weise in trade with Flyers

Forward Dale Weise will be returning to the Canadiens as he and Christian Folin were acquired by Montreal in a four-player trade with the Flyers on Saturday.
www.espn.com – NHL

Sources: Mavs agree to deal to acquire Porzingis

The Knicks have agreed to trade All-Star Kristaps Porzingis, Courtney Lee and Tim Hardaway Jr. to the Mavericks in return for Wesley Matthews, Dennis Smith Jr. and DeAndre Jordan, sources told ESPN.
www.espn.com – TOP
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IBM to Acquire Red Hat for About $33 Billion

International Business Machines agreed to buy software-and-services company Red Hat for about $ 33 billion in its biggest acquisition ever, a deal that IBM hopes will boost a cloud-computing business central to Chief Executive Ginni Rometty’s effort to revive the tech giant.
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L’Occitane Taps Roaming Truck to Acquire Customers, Scout for Real Estate

START YOUR ENGINES: L’Occitane is rolling. The beauty brand said its L’Occi truck has proven a good test into new markets and new customers.
The company in April introduced its retail truck in Washington, D.C., for the Cherry Blossom Festival, a timely event to play up L’Occitane’s own Cherry Blossom Collection. That was followed later that same month for the truck’s stop at Beautycon in New York. On Saturday the company parks the L’Occi Truck  at The Grove shopping center and will stay there through Oct. 31.
“The truck is becoming increasingly a really important aspect for us,” said Nicholas Baty, director of L’Occitane North America Outlets, who is managing the truck.
A roaming truck has served a number of brands well as businesses look to breathe new life into the retail experience. Kylie Cosmetics has popped up at a number of locations, including The Grove. The Giving Keys has also made use of a renovated Airstream to test retail in the past. There’s also Ripndip’s revamped ice cream truck, which has served as a mobile retail unit for the skate brand.
The vehicle for L’Occitane serves two functions for the business, Baty explained. First is to act as a stand-in for when a L’Occitane

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Comcast Beats Out Fox to Acquire Sky

Comcast topped 21st Century Fox in a weekend auction for Sky, winning the British broadcaster with a $ 38.8 billion bid that ends a monthslong takeover battle and promises Comcast a greatly expanded international footprint.
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Sharks acquire All-Star Karlsson from Senators

The Sharks have acquired All-Star defenseman Erik Karlsson from the Senators for four players and draft picks.
www.espn.com – NHL

Yankees acquire lefty Happ in trade with Blue Jays

The Yankees picked up another starting pitcher for the stretch run, acquiring left-hander J.A. Happ from the Blue Jays.
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Randa Reiterates Commitment to Acquire Perry Ellis

Four days after the special committee of the Perry Ellis International Inc. board reaffirmed its support for George Feldenkreis’ offer to take the company private, Randa Accessories laid out why it believes shareholders should line up behind its offer, which is slightly higher: $ 28 a share, as compared with Feldenkreis’ $ 27.50 a share.
In a letter sent to the special committee this morning, Jeffrey Spiegel, Randa’s chief executive officer, wrote: “We were disappointed to read of your decision not to engage with us regarding our compelling proposal that would provide superior value to your shareholders than your existing merger agreement with George Feldenkreis (the insider transaction).” 
Spiegel said the deal with Feldenkreis “expressly permits the special committee to engage in discussions to clarify the terms of any unsolicited proposal it receives and, further, to engage in negotiations with regards to such a proposal that is reasonably expected to lead to a superior proposal.”
Yet the committee has “not once directly contacted us or our representatives.” Instead, the committee’s decision has been delivered via press release, Randa said.
As a result, Randa said it would address what it said were inaccuracies in the committee’s statement last week. That included the committee’s questioning of its financing ability. Spiegel said

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Sears CEO Calls for Breakup, Offers to Acquire Kenmore

Edward Lampert is once again carving up Sears in a bid to save his retail empire, offering to purchase the Kenmore appliance brand and other Sears units after the struggling company was unable to find other buyers.
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Jets trade up, acquire No. 3 pick from Colts

The Jets acquired the No. 3 overall pick in the NFL draft in a trade with the Colts, who move down to No. 6, in addition to acquiring three second-round picks from New York.
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George Feldenkreis Reaffirms Offer to Acquire Perry Ellis Shares

PUSHING AHEAD: Former Perry Ellis International Inc. chairman George Feldenkreis in a letter dated March 9 reaffirmed his offer to acquire all shares of the company he doesn’t already own in a “going private” transaction. As reported, Feldenkreis is working with Fortress Credit Advisors on an offered valued at $ 430 million, or $ 27.50 a share.
The letter was disclosed in a filing with the Securities and Exchange Commission on Monday, a Schedule 13D/A.
Feldenkreis also is seeking a 30-day extension of the deadline to submit shareholder nominations of directors at the company’s 2018 annual shareholders’ meeting later this year. He also indicated that he would still nominate a slate of directors for election to the board in the event his request is denied.
Feldenkreis’ non-binding offer of Feb. 6 came six months after he was pushed out as executive chairman. He led the company for more than 50 years and served as chairman and chief executive officer since 1993. The family’s ownership stake in the company is valued at more than $ 100 million. His son, Oscar, is currently ceo at Perry Ellis.
The Perry Ellis board on Feb. 26 authorized a special committee to evaluate the proposal. At the time, the company said there was

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Apple to Acquire Magazine-Subscription Service Texture

Apple said it will acquire Next Issue Media and its digital-magazine-subscription service Texture, a product developed by top magazine companies that bundles together some 200 subscriptions into one monthly service.
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Apple to Acquire Magazine-Subscription Service Texture

Apple said it will acquire Next Issue Media and its digital-magazine-subscription service Texture, a product developed by top magazine companies that bundles together some 200 subscriptions into one monthly service.
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Lightning acquire Rangers’ McDonagh, Miller

The Lightning have acquired defenseman Ryan McDonagh and forward J.T. Miller from the Rangers.
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Disney to Acquire Fox Assets in Big Bet on Video Streaming

Walt Disney agreed to buy select assets of 21st Century Fox for $ 52.4 billion in stock as it moves to bolster its streaming and television businesses in a changing media landscape.
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Disney Finalizing Pact to Acquire Assets from 21st Century Fox

Walt Disney Co. is finalizing a deal to acquire assets from 21st Century Fox, according to people familiar with the matter, who added that the deal values 21st Century Fox as a whole at just over $ 40 a share.
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Disney Held Talks to Acquire Assets of 21st Century Fox

Walt Disney recently held talks to buy some of 21st Century Fox’s cable-television networks, international distribution operations and movie and television studio, according to people close to the talks.
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Helly Hansen to Acquire British Outdoor Brand Musto

GREAT OUTDOORS: In a marriage of two European outdoor performance brands, Helly Hansen has said it plans to acquire Musto, the British specialist sailing and country apparel company, from Phoenix Equity Partners and other shareholders. The terms of the deal were not disclosed.
The Norwegian Helly Hansen, which specializes in sailing and skiwear, climbing and mountaineering gear, said the purchase will allow it to become a global leader in professional sailing apparel and expand its reach in the U.K.
Musto has two British Royal Warrants and is the official supplier to the British National Sailing Team and the British Equestrian Federation through the 2020 Tokyo Olympic Games.
The acquisition is part of a long-term growth strategy set out by Helly Hansen in 2015 that has seen the brand invest in product development and enhance distribution channels. Helly Hansen said it plans to invest in Musto’s international growth ambitions and deepen its technological and sourcing capabilities.
Peter Smith, chief executive officer of Musto, will continue in his role, and report to Paul Stoneham, his counterpart at Helly Hansen, who will also become executive chairman of Musto.
“Our focus will be to expand Musto internationally as an iconic British lifestyle brand with deep technical sailing credentials alongside Helly Hansen. The

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Sizmek to Acquire Rocket Fuel for $125.5 Million

Sizmek, an advertising technology company owned by private-equity firm Vector Capital, has agreed to acquire public ad-tech company Rocket Fuel for $ 125.5 million.
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QVC to Acquire Rival HSN for More Than $2 Billion

Longtime rivals QVC and the Home Shopping Network have agreed to merge as the two businesses, built around selling over television, seek to combat the rise of online shopping.
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QVC to Acquire Rival HSN for More Than $2 Billion

Longtime rivals QVC and the Home Shopping Network have agreed to merge as the two businesses, built around selling over television, seek to combat the rise of online shopping.
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Flyers acquire Filppula, take on big contract (Yahoo Sports)

Valtteri Filppula (Getty)

The Lightning cleared out some cap space, sending Valtteri Filppula and two late picks for defenseman Mark Streit.



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Boral to Acquire Headwaters Inc.

Building materials firm Boral Ltd. said it would acquire Headwaters Inc. as the Australia-listed firm moves to expand its presence in the U.S.
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Source: Vikings acquire Wallace from Dolphins

The Minnesota Vikings have acquired wide receiver Mike Wallace and a seventh-round draft pick from the Miami Dolphins for a fifth-round pick, a league source told ESPN NFL Insider Adam Schefter.
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