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Business

Mergers & Acquisitions

Toys ‘R’ Us sells the FAO Schwarz brand to California-based toy manufacturer and distributor ThreeSixty Group. ThreeSixty will develop FAO Schwarz-branded toys and retail experiences, to launch next fall.

Target partners with Alibaba to sell goods in China via the Tmall ecommerce marketplace.

Viacom‘s Board of Directors forms a Special Committee of Independent Directors to assess National Amusements’ request to explore a potential merger with CBS. National Amusements has a controlling stake in both CBS and Viacom.

BlackBerry partners with the joint venture PT BB Merah Putih to license the BlackBerry brand for handsets in Indonesia its announcement that the company will stop making smartphones. The venture is led by PT Tiphone Mobile Indonesia Tbk, an affiliate of the largest carrier in the country, PT Telekomunikasi Indonesia Tbk.

Fanatics launches a long-term deal with the San Jose Sharks to operate all in-venue team merchandise sales at SAP Center at San Jose.

Luxottica Group and Intel launch a virtual training coach named Radar Pace, a smart eyewear model featuring a real-time voice activated coaching system.

Bass Pro Shops acquires Cabela’s for approximately $5.5 billion. Cabala’s will sell its wholly owned bank, but live on as its own brand. Bass Pro Shops Founder & CEO Johnny Morris will retain his current role and be majority owner of the combined hunting and fishing products retailers.

Ocean Media Group buys The London Stationery Show, its consumer awareness campaign National Stationery Week, and Stationery Magazine.

Edie@Home, supplier of outdoor and indoor decorative pillows, has been acquired by Levinsohn Textile, maker of bed linens and home accessories.

J. Crew launches its first activewear line in a partnership with New Balance. The 20-piece collection will be available in select J. Crew and New Balance stores worldwide. The companies also have an ongoing 11-year footwear collaboration

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