Mars nears EU approval for $36B Kellanova deal
McLean-based candy and snacks giant Mars' $36 billion bid to acquire Pringles and Pop-Tarts maker Kellanova is set to clear a major hurdle by winning unconditional European Union antitrust approval, three people with direct knowledge of the matter said.
Xcelerate Solutions acquires Maryland software company
McLean-based national security company Xcelerate Solutions announced Tuesday that it acquired software development company clearAvenue.
Dotted Line Agency acquires Richmond peer
Henrico County's Dotted Line Agency acquires Richmond’s The King Agency. Founder Dave King is retiring but will provide consulting services.
V2X acquires QinetiQ’s US intelligence biz
Reston-based Fortune 1000 contractor V2X acquired QinetiQ’s U.S. intelligence business, the former announced Monday.
Stanley Martin Homes to acquire North Carolina homebuilder
Reston homebuilder Stanley Martin Homes has entered into an agreement to acquire North Carolina-based Windsor Homes’ assets and operations.
Virginia’s Performance Food Group exploring merger with US Foods
Performance Food Group has entered into an agreement with US Foods to begin sharing information, hinting at a possible merger.
American Systems acquires Epsilon, adds 400 employees
Chantilly-based government IT contractor American Systems announced that it has acquired North Carolina-based cybersecurity company Epsilon.
TowneBank completes $203M acquisition of Old Point
TowneBank has closed its $203 million acquisition of Hampton-based Old Point National Bank of Phoebus and its parent company.
MasterBrand to acquire American Woodmark in $3.6B deal
MasterBrand plans to acquire Winchester-based cabinet manufacturer American Woodmark in an all-stock merger.
Lowe’s to buy Foundation Building Materials for $8.8 billion
Lowe’s is acquiring Foundation Building Materials for $8.8 billion, strengthening its push into the professional builder market as it battles Home Depot.
TowneBank to acquire N.C. bank for $476M
Suffolk-based TowneBank announced Tuesday that it has signed an agreement to acquire North Carolina-based Dogwood State Bank for about $475 million.
TowneBank to close on $203M Old Point deal Sept. 1
TowneBank will acquire Old Point Financial in a $203M deal closing Sept. 1, expanding its market share in Hampton Roads