Things get more interesting.
[credit provider=””>Dell.com “] A $24 billion deal to take computer maker Dell private faces one last hurdle: The company’s board is voting on the offer tonight, Bloomberg reports.According to multiple reports, Silver Lake, a buyout firm will invest $1 billion or more; Microsoft will invest $2 billion; and founder Michael […]
Oct. 4 (Bloomberg) — French private-equity fund managers are predicting their own exile if lawmakers back President Francois Hollande’s proposed tax increases on the profit the industry makes from investments.
Private equity may be taking its lumps from Republican presidential candidates trying to derail former Bain Capital chief Mitt Romney’s nomination bid, but sponsor activity has continued unabated. Indeed, despite difficult conditions in the credit markets, private equity firms quietly inked $35 billion of new leveraged buyouts in the fourth […]
Bill Ackman is having a big week because of JCPenney.
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A Harvard student, Catherine Turco, was researching the day-to-day experiences of female and male African Americans in the leveraged-buyout (LBO) industry, when she discovered something interesting.
In what has to be one of the more peculiar Goldman Sachs investments out there, Goldman and American buyout company TPG have teamed up to spend $1.5 acquiring diaper-maker Ontex from Candover, according to the Wall Street Journal. Candover investments, a London-based firm, was looking to ditch Ontex as the […]
It seems many of the Wall Street banks that just received an infusion of capital from Hank Paulson, aren’t using that money to save themselves but to fund acquisitions and takeovers. (That John Mack is such a trend setter!)
A few months ago, we read theoretical articles about how the credit crunch and its lack of deals would mean less work for big New York law firms. Wednesday, we got a real-life example. Cadwalader, Wickersham & Taft fired 96 lawyers, 90 of whom worked in real-estate or securitization, which […]