Inside these posts: Takeover offer

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J. Crew settles investor suit on pending takeover

Clothing retailer J. Crew Group Inc. is set to settle a shareholder lawsuit over its proposed takeover by private equity firms TPG CapitalĀ  and Leonard Green & Partners LP.

A $2.86 billion deal to acquire J. Crew was announced on Nov. 23, with TPG Group and Leonard Green & Partners LP agreeing to buy the company for $43.50 a share, a premium of about 15 percent. Get the full story »

BP gains, with traders citing Exxon bid talk

Shares in BP gained on Friday, with traders citing talk that Exxon Mobil was considering a bid for the oil company.

By 10:29 a.m. EDT, BP shares were up 1.1 percent at 450 pence, having hit an intraday high of 451.35 pence on the rumor. Get the full story »

Casey’s rejects $43 a share bid, ends talks with 7-Eleven

Casey’s General Stores Inc. said Wednesday that it has dismissed a $43 per-share takeover bid from 7-Eleven Inc. and ended negotiations with the convenience store operator.

7-Eleven made an initial bid of $40 in September, which it later raised. Casey’s said the latest offer doesn’t reflect the value of the company in ending talks with 7-Eleven. Get the full story »

Northern Trust shares pop as takeover rumors swirl

Shares of Northern Trust Corp. jumped 4.4 percent on Tuesday as talk swirled that HSBC, Europe’s biggest bank, may be planning to make a bid for the U.S. trust bank and investment manager. Get the full story »