Industry News

Chesapeake Energy's 75% interests in the jointly held Barnett Shale operating area located inNorth Texas, the company said."/>
M and A Navigator: Deal pipeline –12 September
MTY Food Group Inc. subsidiary has agreed to acquire all of equity interest of California-based holding company BF Acquisition Holdings, LLC, the company said. Total consideration for the transaction is estimated at USD 27 m in cash, to be financed using MTY's existing credit facilities. The final purchase price remains subject to customary working capital adjustments."/>
Canadian Restaurant Operator MTY Agrees to Acquire California Mexican Food Chains
Ford Motor Co has inked an agreement to acquire San Francisco-based crowd-sourced shuttle service Chariot, the company said. Ford also is establishing a new City Solutions team to work with cities around the world on their transportation needs. Ford's acquisition of Chariot, subject to normal customary closing conditions, will serve as the cornerstone for its new global shuttle services business."/>
Ford to Acquire San Francisco Crow-Sourced Shuttle Service Chariot
Target has introduced a way for in-store shoppers to rack up points from purchases through an experimental customer loyalty program. Called "Cartwheel Perks," the program is now being offered to people in the San Diego, Denver, Houston and St. Perks rewards Target shoppers with 10 points for every dollar spent in stores and is part of the retailer's 3- year-old Cartwheel mobile app."/>
Target pilots 'Perks' rewards program [The San Diego Union-Tribune]
Can foreclosure save Akers? [Gaston Gazette, Gastonia, N.C.]
KeyCorp's $4.1 billion acquisition of First Niagara Financial Group."/>
New uses in store for soon-to-be ex-bank branches [The Buffalo News, N.Y.]
BRIEF: BIZ Report for Sept. 11 [Greeley Tribune, Colo.]
Chevron, the San Ramon-based oil giant, has been fighting charges that it is responsible for polluting an area near the homes of 30,000 villagers along the Amazon River in Ecuador. But after getting smacked with a $9.5 billion judgment, Chevron has rallied, putting together a string of victories in court."/>
Chevron and Donziger take their battle to Canada [The San Diego Union-Tribune]
FunTime USA could open in the spring [The Sun Herald]
Kimberly-Clark-- selected Daviess County as the site for its new Midwestern mill in 1990.. That announcement was about 550 jobs."/>
Big jobs announcement coming soon [Messenger-Inquirer, Owensboro, Ky.]
Amazon.com, Kmart's parent company, Sears Holdings, is facing plunging sales, deteriorating finances and according to some retail industry experts, the possibility of bankruptcy as early as 2017.. The suburban Chicago-based corporation has closed..."/>
Bankruptcy again for Kmart? [Detroit Free Press]
Nordstrom, based in Seattle; Lord& Taylor, based in New York, and Dillard's, based in Little Rock, Ark., and sought to explain why."/>
Are Macy's stores in the Midwest at risk of closing? [Detroit Free Press]
Detroit Free Press Mark Phelan column [Detroit Free Press]

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