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Krispy Kreme Doughnuts (KKD) holds a special place here at footnoted, and not just because of their signature melt-in-the-mouth-sugary glazed doughnuts (sickeningly delicious as those are). The Winston-Salem, N.C., purveyor of fried dough was an early subject of these pages, and has popped up regularly since — it looks like this post will take its [...]
We’ve been waiting — patiently, which isn’t something that we do very well — for Qwest (Q) to go quietly into that good night following its deal with CenturyTel (CTL) that was announced back in April. The company, which in many ways was the inspiration for footnoted and which has been the focus of more [...]
Theoretically, J. Crew Group, Inc. (JCG) is entertaining takeover offers from other suitors until 11:59 p.m. on Jan. 15, 2011; a minute later, and it agrees to tie the knot with private equity fund TPG Group Holdings Advisors, Inc. and affiliates of private equity firm Leonard Green. But that doesn’t mean that all suitors are equally [...]
Sunrise Senior Living (SRZ) is apparently in something of a hurry to keep its chief executive on board and happy: Yesterday, it disclosed a new employment agreement with him attached to an 8-K filing, a full year before his current deal was due to expire. Mark Ordan, who has run the nursing-home and assisted-living chain [...]
Oh, what a difference 18 months can make. In March, 2009, articles such as this one in Workforce Management reported some pretty intense belt-tightening at Parker Hannifin (PH), the Cleveland, Ohio-based company that produces motion and control systems for use in the aerospace, industrial, and mobile industries. After laying off 9,000 employees, the company announced [...]
