Target Corporation Mergers and Acquisitions


Target Corporation

1000 Nicollet Mall
Minneapolis, MN 55402-2467
United States
Tel:1/612/304-6073
URL: http://www.target.com
Formerly known as:
Dayton Hudson
Primary Symbol & Exchange:
TGT - Common Stock - New York Stock Exchange
Industry:
Retailing Non-Food
Target Corporation Company Snapshot

Target Corporation Deal Timeline


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

Target Corporation M&A History


Target Corp spins off Target Corp-REIT Bus (pending) Target Corp spins off Target Corp-REIT Bus (pending)Oct 29, 2008

US - Target Corp disclosed intentions to spin off its undisclosed real estate investment trust unit to its shareholders.

Target Commercial Interiors acquires U S Business Interiors Inc Target Commercial Interiors acquires U S Business Interiors IncSep 03, 2008

US - Target Commercial Interiors (TC), a wholly-owned unit of Target Corp, acquired U S Business Interiors, a wholesaler of office furniture. Concurrently, TC acquired Walsh Bros. Terms were not disclosed.

Target Commercial Interiors acquires Walsh Bros Target Commercial Interiors acquires Walsh BrosSep 03, 2008

US - Target Commercial Interiors (TC), a wholly-owned unit of Target Corp, acquired Walsh Bros, a wholesaler of new and used office furniture. Concurrently, TC acquired U S Business Interiors. Terms were not disclosed.

JPMorgan Chase & Co acquires a minority stake in Target Corp-Credit Card from Target Corp (pending) JPMorgan Chase & Co acquires a minority stake in Target Corp-Credit Card from Target Corp (pending)May 05, 2008

US - JPMorgan Chase & Co agreed to acquire a ##% stake in the credit card receivables portfolio of Target Corp, an owner and operator of merchandise discount stores, for $#.### bil in cash.

Target Corp acquires Federated Dept Stores-Mall Dep from Macys Inc Target Corp acquires Federated Dept Stores-Mall Dep from Macys IncJul 20, 2006

US - Target Corp acquired the four mall department store of Federated Department Stores Inc, an owner and operator of retail department store chains. Terms were not disclosed. The transaction included Macy's Coronado Center in Albuquerque, NM, Macy's Westminster

Target Corp is rumored to be planning to acquire Hudsons Bay Co Target Corp is rumored to be planning to acquire  Hudsons Bay CoAug 13, 2004

CANADA - Target Corp was rumored to be planning to acquire all the outstanding stock of Hudsons Bay Co, an owner and operator of department stores.

Target Corp is rumored to be planning to acquire Zellers Inc from Hudsons Bay Co Target Corp is rumored to be planning to acquire  Zellers Inc from Hudsons Bay CoJul 23, 2004

CANADA - Target Corp was rumored to be planning to acquire Zellers Inc, an owner and operator of department stores, from Hudson Bay Co.

Target Corp seeking buyer for Target Corp-Department Stores Target Corp seeking buyer for Target Corp-Department StoresMar 12, 2004

US - Target Corp, an owner and operator of retail stores, announced that it was seeking a buyer for its # department stores.

Target Stores acquires Fed Employees-Real Estate Asts from Fedco Target Stores acquires Fed Employees-Real Estate Asts from FedcoDec 31, 2000

Target Stores, a unit of Dayton Hudson Corp, acquired real estate assets, from bankrupt Federal Employees' Distributing Co {Fedco}, for an estimated $### mil.

Weingarten Realty Investors acquires Target Store(Dayton Hudson) from Target Corp Weingarten Realty Investors acquires Target Store(Dayton Hudson) from Target CorpFeb 16, 1999

Weingarten Realty Investors acquired Target Store, a unit of Dayton Hudson Corp. Terms were not disclosed.

US Vision Inc acquires Dayton Hudson-Centers(16) from Target Corp (pending) US Vision Inc acquires Dayton Hudson-Centers(16) from Target Corp (pending)Sep 23, 1998

US Vision Inc agreed to acquire ## department store optical centers from Dayton Hudson Corp. Terms were not disclosed.

Dayton Hudson Corp acquires Associated Merchandising Corp Dayton Hudson Corp acquires Associated Merchandising CorpMay 19, 1998

US - Dayton Hudson Corp acquired Associated Merchandising Corp, a provider of retail consulting, marketing and merchandising services.

Dayton Hudson Corp acquires Rivertown Trading Co from American Public Media Group Dayton Hudson Corp acquires Rivertown Trading Co from American Public Media GroupApr 15, 1998

Dayton Hudson Corp acquired Rivertown Trading Co, a unit of Minnesota Public Radio, for an estimated $### mil.

JC Penney Co withdraws offer for Dayton Hudson Corp JC Penney Co withdraws offer for Dayton Hudson CorpApr 25, 1996

JC Penney (JC) withdrew its offer to acquire Dayton Hudson (DH). Earlier, JC was rejected in its unsolicited offer to acquire all the outstanding shares of DH for between $## and $## in a combination of cash and common stock

Dayton Hudson Corp acquires Carson Pirie-Minnesota Stores from Saks Inc Dayton Hudson Corp acquires Carson Pirie-Minnesota Stores from Saks IncMar 06, 1995

Dayton Hudson acquired # Minnesota stores of Carson Pirie Scott for $## mil in cash.

Montgomery Ward Holding Corp acquires Lechmere Inc from Target Corp Montgomery Ward Holding Corp acquires Lechmere Inc from Target CorpMar 30, 1994

Montgomery Ward Holding acquired Lechmere for $### mil. The consideration included $### mil in cash plus $### mil in the assumption of liabilities and up to $## mil in earn out and .# mil Montgomery Ward common shares.

Mervyn's acquires Carter Hawley Hale-Stores(2) from Macys Inc Mervyn's acquires Carter Hawley Hale-Stores(2) from Macys IncMar 24, 1993

Mervyn's, a unit of Dayton Hudson, acquired the Crossroads Plaza, Salt Lake City, Utah Weinstock store from Carter Hawley Hale Stores. Mervyn had previously agreed to acquire # Weistock stores, but the second store, located in Fashion Place, Murray

Mervyn's acquires Allied Stores-8 Jordan Stores from Macys Inc Mervyn's acquires Allied Stores-8 Jordan Stores from Macys IncDec 31, 1991

Mervyn's, a unit of Dayton Hudson, acquired # Jordan Marsh Stores from the Allied Stores unit of Campeau for a sweetened $## mil. Mervyn's originally bid $## mil for # stores, and the bankruptcy court accepted its bid

Mervyn's acquires May Dept Stores-5 FL Stores from Macys Inc Mervyn's acquires May Dept Stores-5 FL Stores from Macys IncFeb 01, 1991

Mervyn's, a unit of Dayton Hudson acquired # Florida Lord & Taylor Stores from May Department Stores. Terms were not disclosed. The stores were located in Jensen Beach, Boynton Beach, South and West Dade Countries and Coral Springs. May Department

Dayton Hudson Corp acquires Marshall Field & Co(BATUS Inc) from British American Tobacco PLC Dayton Hudson Corp acquires Marshall Field & Co(BATUS Inc) from British American Tobacco PLCJun 22, 1990

Dayton Hudson (DH) acquired Marshall Field, a unit of BAT Industries' BATUS, for $#.## bil in cash, subject to certain post-closing adjustments. DH beat out a group led by Marshall Field's management and including First Chicago, as

Target Corporation M&A Summary


Target Corporation has made 12 acquisitions while taking stakes in 0 companies. Target Corporation has 7 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008200
2007000
2006100
2005000
2004000
2003000
2002000
2001000
2000100
1999001
1998200
1997000
1996000
1995100
1994001
1993100
1992000
1991200
1990101
1989001
1988000
1987002
1986100
1985000
1984001
Total1207

Other Recent M&A in the Retailing Non-Food industry