Proffitt's, Inc. Mergers and Acquisitions


 

Proffitt's, Inc.

115 North Calderwood
P.O. Box 9388
Alcoa, TN 37701
United States
Tel:1 (423) 983-7000

Parent Company:
Saks Incorporated
Industry:
Department Stores
Proffitt's, Inc. Company Snapshot

Proffitt's, Inc. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

 

Proffitt's, Inc. M&A History


Proffitt's Inc acquires Dillard's-Mercantile Stores from Dillard's Inc Proffitt's Inc acquires Dillard's-Mercantile Stores from Dillard's IncOct 05, 1998

Proffitt's Inc acquired ## Mercantile Stores from Dillard's Inc (DI). Terms were not disclosed. The stores were located in Fargo, North Dakota; Orlando, Florida; Baton Rouge, Louisiana; Lafayette, Louisiana; Duluth, Minnesota; Haddiesburg, Mississippi; Spartansburg, South Carolina; and Nashville

Proffitt's Inc acquires Saks Holdings from SIPCO Ltd Proffitt's Inc acquires Saks Holdings from SIPCO LtdSep 18, 1998

Proffitt's Inc (PI) acquired Saks Holdings (SH), a majority-owned unit of Investcorp Bank, in a stock swap transaction valued at $#.### bil, including the assumption of $### mil in liabilities. PI offered .## common shares per SH

Proffitt's Inc acquires Brody Brothers Dry Goods Inc Proffitt's Inc acquires Brody Brothers Dry Goods IncMar 06, 1998

Proffitt's acquired Brody Brothers Dry Goods Company for an undisclosed amount of cash.

Proffitt's Inc acquires Carson Pirie Scott & Co Proffitt's Inc acquires Carson Pirie Scott & CoJan 30, 1998

Proffitt's (PI) acquired Carson Pirie Scott (CP) in a stock swap transaction valued $###.### mil. PI offered #.## PI common shares per CP share. Based on PI's closing stock price of $##.## on Jan ##

Proffitt's Inc acquires GR Herberger's Inc Proffitt's Inc acquires GR Herberger's IncFeb 03, 1997

Proffitt's acquired the entire share capital of GR Herberger's (GRH) in a stock swap transaction valued at $###.### mil. The transaction had been subject to regulatory approval and was accounted for as a pooling of interests.

Proffitt's Inc acquires Belk Stores-Dept Store(1) from Belk Stores Proffitt's Inc acquires Belk Stores-Dept Store(1) from Belk StoresJan 31, 1997

US - Proffitt's acquired a department store from Belk Stores. Terms were not disclosed.

Proffitt's Inc acquires Parisian Inc Proffitt's Inc acquires Parisian IncOct 11, 1996

Proffitt's (PRF) acquired all the outstanding common stock of Parisian, a unit of the LJ Hooker International subsidiary of Hersfield Group's Hooker unit, for $###.## mil, including the assumption of $### mil in liabilities. The consideration consisted

Proffitt's Inc acquires Younkers Inc Proffitt's Inc acquires Younkers IncFeb 05, 1996

Proffitt's (PR), acting as a white knight, acquired Younkers (YK) in a tax-free stock swap transaction valued at $###.### mil. YK common shareholders received .## PR common share for each of their shares held. Based on PR

Proffitt's Inc acquires Parks-Belk Co Proffitt's Inc acquires Parks-Belk CoMar 08, 1995

Proffitt's acquired a majority interest in Parks-Belk for an undisclosed amount of cash and common shares.

Proffitt's Inc acquires McRae's Inc Proffitt's Inc acquires McRae's IncApr 04, 1994

Proffitt's (PT) acquired all the outstanding shares of McRae's for a revised $###.# mil. PT offered $### in cash, $# mil in debentures, $#.# mil in common shares, $#.# mil in Class B preferred shares

Proffitt's Inc acquires Hess's Dept Stores-2 Richmond from Crown American Corp Proffitt's Inc acquires Hess's Dept Stores-2 Richmond from Crown American CorpAug 03, 1993

Proffitt's acquired # Richmond, Virginia stores from Hess's Department Stores for $#.# mil.

Proffitt's Inc acquires Hess's Department Stores-8 from Crown American Corp Proffitt's Inc acquires Hess's Department Stores-8 from Crown American CorpApr 08, 1993

Proffitt's acquired # department stores from Hess's Department Stores, a unit of Crown America, for $#.# mil. The stores included # in Virginia, # in Kentucky, and # in Georgia.

Proffitt's Inc acquires Hess's Dept Stores-8 Stores from Crown American Corp Proffitt's Inc acquires Hess's Dept Stores-8 Stores from Crown American CorpSep 19, 1992

Proffitt's acquired # Hess stores from Hess's Department Stores, a unit of Crown America. Terms were not disclosed. Seven of the stores were located in Tennessee and one in Virginia. Proffitt's was advised by First Boston.

Investor acquires a minority stake in Proffitt's Inc Investor acquires a minority stake in Proffitt's IncNov 09, 1990

RB Martin, chairman of the board of Proffitt's, increased his holding in the company to ##.#% by acquiring ###,### shares, or #.#%, in the open market on Nov #. Based on Proffitt's closing stock price

Proffitt's, Inc. M&A Summary


Proffitt's, Inc. has made 12 acquisitions while taking stakes in 1 companies. Proffitt's, Inc. has 1 divestiture during this period.
YearAcquisitionsStakesDivestitures
2010000
2009000
2008000
2007000
2006000
2005000
2004000
2003000
2002000
2001000
2000000
1999000
1998400
1997200
1996200
1995010
1994100
1993200
1992100
1991000
1990001
Total1211

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