Bain to acquire Varsity Brands, a top maker of cheerleader uniforms, for roughly $2.5 billion


CNBC—Varsity Brands' foothold on the school spirits industry includes everything from cheerleading uniforms, class rings and helping schools improve their pride.

Health Insurer WellCare to Acquire Meridian for $2.5 Billion. WellCare Health Plans Inc. has reached a deal to buy Meridian, which operates a pharmacy-benefit manager and health plans in Illinois and Michigan, for $2.5 billion in cash.