Belk Inc Del Cl A (BLKIA) 68.5100 $BLKIA
Belk Announces Retirement of Tim Belk as CEO
PR Newswire - Wed Jun 29, 10:30AM CDT
The Board of Directors of Belk, Inc. today announced that Tim Belk will retire as chief executive officer of the company in July 2016. He will continue to serve on the Belk Board. Lisa Harper, who previously served as chief executive officer of Hot Topic, Inc., will succeed Tim Belk as CEO, effective July 5, 2016.
Sycamore Partners acquires Belk
M2 - Tue Dec 15, 5:13AM CST
Sycamore Partners said it has completed its acquisition of Belk, Inc. in a transaction that allows Sycamore to leverage its knowledge of the retail market to benefit customers and create opportunities for team members. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. BofA Merrill Lynch acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Sycamore Partners. Under the terms of the transaction, Tim Belk, chief executive officer of Belk, Inc. is continuing to serve as CEO of Belk, and the company continues to be headquartered in Charlotte, North Carolina. Belk, Inc. is a large family owned and operated department store company with 296 Belk stores located in 16 Southern states and a growing digital presence. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. The firm has more than USD3.5 billion in capital under management.
Belk, Inc. Announces Stockholder Approval of Merger Agreement with Affiliates of Sycamore Partners
PR Newswire - Wed Nov 04, 11:11AM CST
Belk, Inc., announced today that its stockholders voted to approve the adoption of the previously announced merger agreement with affiliates of Sycamore Partners.
Berman DeValerio Investigates Possible Breaches of Fiduciary Duty at Belk, Inc.
BusinessWire - Tue Sep 08, 10:22AM CDT
The law firm of Berman DeValerio is investigating possible breaches of fiduciary duties related to the proposed sale of Belk, Inc. (OTC: BLKIA) ("Belk" or the "Company"
to Sycamore Partners. In particular, Berman DeValerio (www.bermandevalerio.com) is investigating whether Belk's Board of Directors conducted an adequate and fair sales process to obtain maximum value for the Company's shareholders before approving the transaction, and whether Sycamore Partners is underpaying for Belk shares.
Morgan & Morgan Announces the Investigation of Belk, Inc. (BLKIA, BLKIB)
PR Newswire - Wed Sep 02, 2:43PM CDT
Morgan & Morgan announces that it is investigating potential claims against the board of directors of investigating the proposed sale of Belk, Inc. ("Belk" or the "Company" (OTC: BLKIA, BLKIB) to Sycamore Partners.
BLKIA SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Belk Inc. Regarding the Sale of the Company to Sycamore Partners
BusinessWire - Tue Sep 01, 12:45PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Belk Inc. (OTC MKTS:BLKIA) ("Belk" or "the Company" in connection with the sale of the Company to Sycamore Partners. Under the terms of the transaction, Belk shareholders will receive $68.00 for each share of Belk stock they own.
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Belk, Inc. And Encourages Investors To Contact The Firm For Additional Information
PR Newswire - Fri Aug 28, 2:46PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Belk, Inc. ("Belk" or the "Company" (OTC PINK: BLKIA) relating to the proposed buyout of the Company by Sycamore Partners in a transaction valued at approximately $3.0 billion.
BELK SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Belk Inc. (BLKIA) Over the Proposed Sale of the Company to Sycamore Partners
BusinessWire - Fri Aug 28, 9:21AM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Belk Inc. ("Belk" or the "Company" (OTC MKTS: BLKIA) for potential breaches of fiduciary duties in connection with the sale of the Company to Sycamore Partners for approximately $3.0 billion in a cash transaction.
WeissLaw LLP: Belk, Inc. Acquisition By Sycamore Partners May Not Be In The Best Interest Of BELK Shareholders (BLKIA: Class A, BLKIB: Class
PR Newswire - Tue Aug 25, 2:44PM CDT
The fairness of the proposed acquisition of Belk, Inc. ("BELK" or the "Company" by Sycamore Partners ("Sycamore" is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of BELK for agreeing to sell the Company to Sycamore. On August 24, 2015, the Company announced it had reached a definitive agreement for Sycamore to acquire BELK in a transaction valued at approximately $3.0 billion. Under the terms of the agreement, BELK shareholders will receive $68.00 for each BELK share they own.
BELK, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
PR Newswire - Tue Aug 25, 2:41PM CDT
Rigrodsky & Long, P.A.:
BELK, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Sycamore Partners
BusinessWire - Tue Aug 25, 12:35PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Belk, Inc. ("Belk" (OTC MKTS: BLKIA) concerning the sale to Sycamore Partners. Under the terms of the agreement, Belk shareholders will only receive $68.00 in cash for each share owned.
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Belk Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Sycamore Partners - BLKIA
PR Newswire - Tue Aug 25, 12:22PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
Ryan & Maniskas, LLP Announces Investigation of Belk Inc.
PR Newswire - Tue Aug 25, 9:58AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Belk Inc. ("Belk" or the "Company" (OTC: BLKIA) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Sycamore Partners a transaction valued at approximately $3 billion.
Robbins Arroyo LLP: Acquisition of Belk, Inc. (BLKIA) by Sycamore Partners May Not Be in Shareholders' Best Interests
PR Newswire - Mon Aug 24, 2:27PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Belk, Inc. (OTC US: BLKIA) by Sycamore Partners. On August 24, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Sycamore will acquire Belk. Under the terms of the agreement, Belk shareholders will receive $68.00 in cash for each share of Belk common stock.
Belk to sell itself and go private in $3B deal
AP - Mon Aug 24, 2:23PM CDT
CHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion, including assumed debt.
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Belk, Inc. - BLKIA
ACCESSWIRE - Mon Aug 24, 1:50PM CDT
NEW YORK, NY / ACCESSWIRE / August 24, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Belk, Inc. ("Belk" or the "Company" (OTCMKTS: BLKIA) (ISIN: US07784H1095) (CUSIP: 07784H109) concerning the proposed acquisition of Belk by Sycamore Partners.
Harwood Feffer LLP Announces Investigation of Belk Inc.
PR Newswire - Mon Aug 24, 12:29PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Belk Inc. ("Belk" or the "Company" (OTC: BLKIA) concerning the proposed acquisition of the Company by Sycamore Partners ("Sycamore".
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Belk Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Sycamore Partners
BusinessWire - Mon Aug 24, 11:29AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
Belk, Inc. Enters Into Definitive Agreement To Be Acquired By Sycamore Partners
PR Newswire - Mon Aug 24, 8:00AM CDT
Belk, Inc., the nation's largest family owned and operated fashion department store company, today announced that it has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners will acquire 100% of Belk in a transaction with an estimated enterprise value at closing of approximately $3.0 billion. Under the terms of the merger agreement, all Belk stockholders will receive $68.00 per share in cash for each share of Belk common stock they own.
Rouse Properties Announces Belk to Open Flagship Store at Bel Air in Mobile, Alabama
BusinessWire - Mon Jul 20, 3:38PM CDT
Rouse Properties, Inc. (NYSE:RSE) ("Rouse" today announced it has signed a lease with Belk, Inc. to open a new 237,000 square foot flagship store at The Shoppes at Bel Air in Mobile, Alabama. Belk will be taking the place of an existing Sears, and expanding on its already integral presence at The Shoppes at Bel Air.
RSE: 18.27 (-0.01)
Belk Announces Retirement of Tim Belk as CEO
PR Newswire - Wed Jun 29, 10:30AM CDT
The Board of Directors of Belk, Inc. today announced that Tim Belk will retire as chief executive officer of the company in July 2016. He will continue to serve on the Belk Board. Lisa Harper, who previously served as chief executive officer of Hot Topic, Inc., will succeed Tim Belk as CEO, effective July 5, 2016.
Sycamore Partners acquires Belk
M2 - Tue Dec 15, 5:13AM CST
Sycamore Partners said it has completed its acquisition of Belk, Inc. in a transaction that allows Sycamore to leverage its knowledge of the retail market to benefit customers and create opportunities for team members. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. BofA Merrill Lynch acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Sycamore Partners. Under the terms of the transaction, Tim Belk, chief executive officer of Belk, Inc. is continuing to serve as CEO of Belk, and the company continues to be headquartered in Charlotte, North Carolina. Belk, Inc. is a large family owned and operated department store company with 296 Belk stores located in 16 Southern states and a growing digital presence. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. The firm has more than USD3.5 billion in capital under management.
Belk, Inc. Announces Stockholder Approval of Merger Agreement with Affiliates of Sycamore Partners
PR Newswire - Wed Nov 04, 11:11AM CST
Belk, Inc., announced today that its stockholders voted to approve the adoption of the previously announced merger agreement with affiliates of Sycamore Partners.
Berman DeValerio Investigates Possible Breaches of Fiduciary Duty at Belk, Inc.
BusinessWire - Tue Sep 08, 10:22AM CDT
The law firm of Berman DeValerio is investigating possible breaches of fiduciary duties related to the proposed sale of Belk, Inc. (OTC: BLKIA) ("Belk" or the "Company"
to Sycamore Partners. In particular, Berman DeValerio (www.bermandevalerio.com) is investigating whether Belk's Board of Directors conducted an adequate and fair sales process to obtain maximum value for the Company's shareholders before approving the transaction, and whether Sycamore Partners is underpaying for Belk shares. Morgan & Morgan Announces the Investigation of Belk, Inc. (BLKIA, BLKIB)
PR Newswire - Wed Sep 02, 2:43PM CDT
Morgan & Morgan announces that it is investigating potential claims against the board of directors of investigating the proposed sale of Belk, Inc. ("Belk" or the "Company"
(OTC: BLKIA, BLKIB) to Sycamore Partners. BLKIA SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Belk Inc. Regarding the Sale of the Company to Sycamore Partners
BusinessWire - Tue Sep 01, 12:45PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Belk Inc. (OTC MKTS:BLKIA) ("Belk" or "the Company"
in connection with the sale of the Company to Sycamore Partners. Under the terms of the transaction, Belk shareholders will receive $68.00 for each share of Belk stock they own. SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Belk, Inc. And Encourages Investors To Contact The Firm For Additional Information
PR Newswire - Fri Aug 28, 2:46PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Belk, Inc. ("Belk" or the "Company"
(OTC PINK: BLKIA) relating to the proposed buyout of the Company by Sycamore Partners in a transaction valued at approximately $3.0 billion. BELK SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Belk Inc. (BLKIA) Over the Proposed Sale of the Company to Sycamore Partners
BusinessWire - Fri Aug 28, 9:21AM CDT
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Belk Inc. ("Belk" or the "Company"
(OTC MKTS: BLKIA) for potential breaches of fiduciary duties in connection with the sale of the Company to Sycamore Partners for approximately $3.0 billion in a cash transaction. WeissLaw LLP: Belk, Inc. Acquisition By Sycamore Partners May Not Be In The Best Interest Of BELK Shareholders (BLKIA: Class A, BLKIB: Class
PR Newswire - Tue Aug 25, 2:44PM CDT
The fairness of the proposed acquisition of Belk, Inc. ("BELK" or the "Company"
by Sycamore Partners ("Sycamore" is the subject of an investigation by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of BELK for agreeing to sell the Company to Sycamore. On August 24, 2015, the Company announced it had reached a definitive agreement for Sycamore to acquire BELK in a transaction valued at approximately $3.0 billion. Under the terms of the agreement, BELK shareholders will receive $68.00 for each BELK share they own. BELK, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
PR Newswire - Tue Aug 25, 2:41PM CDT
Rigrodsky & Long, P.A.:
BELK, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Sycamore Partners
BusinessWire - Tue Aug 25, 12:35PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Belk, Inc. ("Belk"
(OTC MKTS: BLKIA) concerning the sale to Sycamore Partners. Under the terms of the agreement, Belk shareholders will only receive $68.00 in cash for each share owned. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Belk Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Sycamore Partners - BLKIA
PR Newswire - Tue Aug 25, 12:22PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
Ryan & Maniskas, LLP Announces Investigation of Belk Inc.
PR Newswire - Tue Aug 25, 9:58AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Belk Inc. ("Belk" or the "Company"
(OTC: BLKIA) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Sycamore Partners a transaction valued at approximately $3 billion. Robbins Arroyo LLP: Acquisition of Belk, Inc. (BLKIA) by Sycamore Partners May Not Be in Shareholders' Best Interests
PR Newswire - Mon Aug 24, 2:27PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Belk, Inc. (OTC US: BLKIA) by Sycamore Partners. On August 24, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Sycamore will acquire Belk. Under the terms of the agreement, Belk shareholders will receive $68.00 in cash for each share of Belk common stock.
Belk to sell itself and go private in $3B deal
AP - Mon Aug 24, 2:23PM CDT
CHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion, including assumed debt.
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of Belk, Inc. - BLKIA
ACCESSWIRE - Mon Aug 24, 1:50PM CDT
NEW YORK, NY / ACCESSWIRE / August 24, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Belk, Inc. ("Belk" or the "Company"
(OTCMKTS: BLKIA) (ISIN: US07784H1095) (CUSIP: 07784H109) concerning the proposed acquisition of Belk by Sycamore Partners. Harwood Feffer LLP Announces Investigation of Belk Inc.
PR Newswire - Mon Aug 24, 12:29PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Belk Inc. ("Belk" or the "Company"
(OTC: BLKIA) concerning the proposed acquisition of the Company by Sycamore Partners ("Sycamore". SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Belk Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Sycamore Partners
BusinessWire - Mon Aug 24, 11:29AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
Belk, Inc. Enters Into Definitive Agreement To Be Acquired By Sycamore Partners
PR Newswire - Mon Aug 24, 8:00AM CDT
Belk, Inc., the nation's largest family owned and operated fashion department store company, today announced that it has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners will acquire 100% of Belk in a transaction with an estimated enterprise value at closing of approximately $3.0 billion. Under the terms of the merger agreement, all Belk stockholders will receive $68.00 per share in cash for each share of Belk common stock they own.
Rouse Properties Announces Belk to Open Flagship Store at Bel Air in Mobile, Alabama
BusinessWire - Mon Jul 20, 3:38PM CDT
Rouse Properties, Inc. (NYSE:RSE) ("Rouse"
today announced it has signed a lease with Belk, Inc. to open a new 237,000 square foot flagship store at The Shoppes at Bel Air in Mobile, Alabama. Belk will be taking the place of an existing Sears, and expanding on its already integral presence at The Shoppes at Bel Air. RSE: 18.27 (-0.01)
