M&A

May 17, 2012, 6:08 PM UTC

 

Sears Holdings (Nasdaq: SHLD) plans a partial spinoff of its 95% interest in Sears Canada Inc. (TSX: SCC). Following the deal, Sears Holdings would retain a 51% interest. www.sears.com

Boyd Gaming Corp. (NYSE: BYD) has agreed to acquire rival Peninsula Gaming for approximately $1.45 billion. www.peninsulagaming.com

Palladium Equity Partners has hired North Point Advisors to sell Mexican quick-serve restaurant chain Taco Bueno, according to Reuters. The deal could be valued at approximately $175 million. www.tacobueno.com

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