Furniture Brands International Inc. is “disappointed” that a major shareholder is considering pursuing what the Clayton-based importer and manufacturer calls a “costly and disruptive” proxy contest.

Last week, SCSF Equities LLC, a division of Sun Capital Partners of Boca Raton, Fl.,…

A major shareholder in Furniture Brands International Inc. is pressuring the Clayton-based company to provide a complete list of shareholders. For SCSF Equities LLC, a subsidiary of  Boca Raton, Fl.-based private equity group Sun Capital Partners, the goal may be to…

A major shareholder in Clayton-based Furniture Brands International Inc. has launched a takeover bid for the importer and manufacturer, urging it to go private in order to unlock the potential of its brands. 

Wall Street was impressed. The company was not.

Shares of Furniture…

Sun Capital Securities Group LLC this morning announced the completion of the acquisition of Kellwood Co. for approximately $767 million, including the assumption of Kellwood’s net debt.

The transaction was consummated through a cash tender offer by Cardinal Integrated, LLC, a wholly-owned…

Sun Capital Securities Group LLC this morning announced the completion of its cash tender offer to purchase all outstanding shares of Kellwood Co.

Sun Capital said approximately 2.5 million Kellwood shares had been tendered in the subsequent offering period. These shares,…

Sun Capital Securities Group LLC this morning announced that it has acquired commitments for 90 percent of the shares of Kellwood Co.

The private equity investment group said it is offering the same $21 a share offer to the holders of…

Sun Capital Securities Group, which has offered to buy Kellwood Co. at $21 a share,  said Tuesday that it now has at least 57 percent of the apparel marketer’s shares based on stock that was tendered Monday.

Town and Country-based Kellwood agreed on Monday…

Kellwood Co., which twice rejected a buyout bid from Sun Capital Securities Group, agreed today to a $542 million takeover by Sun Capital and is recommending that stockholders tender their shares.

The Town and Country-based apparel marketer agreed to the $21…

Bloomberg News this mornings is reporting that Kellwood Co. executives and directors have told Sun Capital Partners Inc. they will submit their shares in favor of a $542 million hostile takeover bid if most stockholders support the sale.

“Both the board…

Kellwood Co. is going to let its shareholders decide the fate of the company.

While taking no position on the bid, the Town and Country-based clothing maker and marketer on Sunday said it intends to remove all impediments to the takeover offer…