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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

M&A

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 9, 2012, 2:06 PM ET

Boston Scientific Corp. (NYSE: BSX) has agreed to acquire Rhythmia Medical Inc., a Burlington, Mass.-based developer of mapping and navigation solutions for use in cardiac catheter ablations and other electrophysiology procedures. Sellers include Norwich Ventures. The deal is valued at $265 million, including a $90 million upfront payment and an additional $175 million in possible earnouts.www.bostonscientific.com

CBS Corp. (NYSE: CBS) has agreed to buy 101.9 FM from Merlin Media for $75 million, in order to simulcast its WAFN sports radio station on the FM dial. Merlin Media is a portfolio company of GTCR.www.merlinmediallc.com

KarpReilly has hired North Point Advisors to find a buyer for Miller’s Ale House, a casual dining chain with 57 stores in eight states, according to peHUB. www.millersalehouse.com

Appirio, a San Mateo, Calif.-based provider of cloud solutions for businesses, has acquired Knowledge Infusion, a Minneapolis-based provider of cloud-based HR solutions. No financial terms were disclosed. Appirio has raised over $75 million in VC funding from General Atlantic, Sequoia Capital and GGV Capital. www.appirio.com

Leon Black, head of Apollo Global Management, has agreed to acquire London-based art book publisher Phaidon Press Ltd. for an undisclosed amount. www.phaidon.com

Marathon Petroleum Corp. (NYSE: MPC) has agreed to acquire BP LLC’s (LSE: BP) Texas City refinery for $2.5 billion. www.marathonpetroleum.com

NBT Bancorp Inc. (Nasdaq: NBTB) has agreed to acquire Syracuse, N.Y.-based bank holding companyAlliance Financial Corp. (Nasdaq: ALNC) for approximately $233.4 million. www.alliancebankna.com

Principal Financial Group (NYSE: PFG) has agreed to acquire listed Chilean pension fund management firm AFP Cuprum for approximately $1.51 billion. www.cuprum.cl

PPR (Paris: PP), a French retail conglomerate, is looking to sell or spin off its Fnac music and book retailing unit, according to Reuters. The group could be valued at upwards of $1 billion. www.ppr.com

Barclays PLC has agreed to acquire the British savings and loan business of ING, which includes around £10.9 billion of deposits and £5.6 billion in mortgages. ING will book a 320 loss on the deal, as it’s selling at a 3% discount to face value. www.barclays.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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