Markets & Finance

Wendy's Acquires Baja Fresh Mexican Grill

Wendy's International (WEN) agreed to acquire Fresh Enterprises, owner of the Baja Fresh Mexican Grill restaurant chain, for $275 million in cash. (5/31)

The New York Times reports that drugmakers Bristol-Myers Squibb (BMY) and GlaxoSmithKline (GSK) have held preliminary talks about a possible merger. (5/31)

Official Payments (OPAY) agreed to be acquired by Tier Technologies (TIER) in a $74.5 million deal. Terms: $3 cash per OPAY share. (5/31)

Dave & Buster's (DAB) says a group led by its founders and members of its senior management, Investcorp, will make a $12 cash per share tender offer. (5/31)

Macerich (MAC) agreed to acquire rival shopping-mall company Westcor Realty for about $662 million plus the assumption of $813 million in debt. (5/30)

The Aging of Abercrombie & Fitch
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