Mergers and Acquisitions

PetSmart OKs $8.7B Sale to BC Partners

The pet supply retailer accepted an $8.7 billion offer to be acquired by a private equity group led by BC Partners, marking the year’s biggest leveraged buyout.

Halliburton to Buy Baker Hughes for $34.6B

Halliburton scored a $34.6 billion deal to buy Baker Hughes, as the oilfield services companies look to defend against cheaper oil and industry leader Schlumberger.

Amazon Buys Twitch for $970 Million

After months of speculation that Google was close to finalizing a deal to buy Twitch Interactive, Amazon has announced that it will be purchasing the gaming platform for $970 million in cash.

Dogfight Brewing as M&A Heats Up in Pet Care

On the heels of veterinary-care company VCA’s acquisition of pet-boarding franchise Camp Bow Wow, dog-sitting startup Rover.com is announcing its own purchase in the pet-care space.

Hillshire, Tyson Make Deal Official

Hillshire Brands formally agreed to a $7.7 billion deal to be acquired by Tyson Foods, which has long sought to expand its portfolio of branded products sold in grocery stores.

TreeHouse to Buy Flagstone Foods for $860M

TreeHouse Foods reached a deal with private equity firm Gryphon Investors to buy Flagstone Foods for $860 million, as the company continues to diversify its private-label offerings.