Buyout Hopefuls Send Palm Soaring
Palm shares gapped higher on Friday after Briefing.com said HTC could be a potential suitor, citing an unnamed Chinese website.
Read more on Indie Research via Yahoo! Finance
Tribune Co. Creditors Suing Banks Over Buyout
Tribune Co. Creditors Suing Banks Over Buyout
Bondholders left holding the bag after the bankruptcy filing by the Tribune Co. last year are suing the banks that financed the $8 billion deal, saying the loans they provided made the company insolv…
Read more on MalaysiaNews.net
Fairfax Is Said to Near $1.3 Billion Buyout of Zenith (Update1)
Fairfax Is Said to Near $1.3 Billion Buyout of Zenith (Update1)
Feb. 18 (Bloomberg) — Fairfax Financial Holdings Ltd ., the Canadian insurer run by Prem Watsa , is nearing an agreement to buy California’s Zenith National Insurance Corp. for about $1.3 billion in cash, said two people with knowledge of the matter.
Read more on Bloomberg
Obama Proposal May Force Banks to Sell Buyout Units (Update2)
Obama Proposal May Force Banks to Sell Buyout Units (Update2)
Jan. 22 (Bloomberg) — JPMorgan Chase & Co. and Goldman Sachs Group Inc. may have to sell some private-equity businesses and stop investing in buyouts under a proposal by President Barack Obama to limit bets made by banks with their own capital.
Read more on Bloomberg