M&A Deal Summary

Target Acquires Marshall Field

On April 20, 1990, Target acquired retailer Marshall Field for 1.0B USD

Acquisition Highlights
  • This is Target’s 1st transaction in the Retail sector.
  • This is Target’s largest (disclosed) transaction.
  • This is Target’s 1st transaction in the United States.
  • This is Target’s 1st transaction in Minnesota.
Investment Fate
  • Marshall Field was divested to a consortium of strategic buyers in 2004 for 3.2B USD.

M&A Deal Summary
Date 1990-04-20
Target Marshall Field
Sector Retail
Buyer(s) Target
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Marshall Field

Minneapolis, Minnesota, United States
Marshall Field & Co. a high-end department store chain.

Search 193,448 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Target

Minneapolis, Minnesota, United States

website

Category Company
Founded 1902
Sector Retail
Employees450,000
Revenue 109.1B USD (2023)
DESCRIPTION
View of Target's corporate headquarters in downtown Minneapolis, Minnesota.
View of Target's corporate headquarters in downtown Minneapolis, Minnesota.

Target is a general merchandise retailer serving the US market. The Target brand opened its first store in 1962 and currently operates more than 1,800 stores. Target was formerly known as Dayton Hudson Corp. which was originally founded in 1902. Target is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 1 of 9
Sector (Retail) 1 of 2
Type (Add-on Acquisition) 1 of 8
State (Minnesota) 1 of 1
Country (United States) 1 of 9
Year (1990) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1986-12-01 B. Dalton Bookseller

Minneapolis, Minnesota, United States

B. Dalton Bookseller (often referred to B. Dalton or B. Dalton's) a retail bookstore chain.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-06-10 Marshall Field

Minneapolis, Minnesota, United States

Marshall Field & Co. a high-end department store chain.

Sell $3.2B
Mergr

Product

Company

Legal