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Phila. icon Pep Boys being sold to Bridgestone

2015-10-27 09:20:52| Industrial Machines - Topix.net

Manny Moe & Jack, the iconic Philadelphia-based auto-parts and service store chain, has agreed to be sold to Bridgestone Corp., the Japan-based tire maker that owns Firestone stores. Bridgestone will pay $15 a share, or $835 million, for the 800-store, barely profitable company, which has 14,000 employees in 35 states and yearly sales of $2 billion.

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Gala Bingo Chain Sold In 240m Caledonia Deal

2015-10-25 23:42:14| Trucking - Topix.net

A British investment trust will this week become the UK's biggest bingo clubs operator when it snaps up the Gala chain in a 240m deal. Sky News has learnt that Caledonia Investments is to announce on Monday that it has agreed a deal to acquire the business from Gala Coral, one of the country's largest betting and gaming groups.

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New Billy being sold to Chocolate Factory owners

2015-10-18 11:15:32| Food - Topix.net

The Ellises, who also own Rocky Mountain Chocolate Factory, knew they wanted to branch out and take on another restaurant, and the Liebermans approached them about buying Billy's. "It was important to me to keep it as close to the same as possible," Billy said.

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Guinness stout could be sold by UK owner Diageo in a 10bn deal

2015-10-18 04:51:38| Beverages - Topix.net

Iconic Irish stout Guinness could be sold by its British owner Diageo as part of a a 10bn deal to offload the multinational drink giant's beer business, according to analysts, amid mounting speculation about the next major deal to shake up the brewery industry. Heineken has been suggested by some commentators as a potential buyer for some of Diageo's beer brands, subject to any such deal vaulting extensive competition hurdles.

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Possible carcinogen found in common bread products sold in US

2015-10-17 23:03:26| Food - Topix.net

Although potassium bromate has been banned as a food additive by the European Union, U.K., Canada, and Brazil as a known carginogen, environmental research and advocacy organization Environmental Working Group has found that at least 86 baked goods and other products commonly sold in supermarkets throughout the US contain the compound. Potassium bromate is a by-product of ozone which is used as disinfectant in drinking water.

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