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A collection of news and information related to Leveraged Buyouts published by this site and its partners.
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FedEx says it can grow by cutting costs
NEW YORK (AP) — FedEx may be pessimistic about the U.S. economy, but it's confident about growing its earnings. The world's second-largest package delivery company, a bellwether for economic health because of the vast number and kinds of shipments...
Tags: Earnings, UPS Inc., Economy, Business and Finance, Companies and Corporations, Earnings Forecasts
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Facebook CEO turns 28: Does age matter?
NEW YORK (AP) — Don't let the hoodie and sneakers fool you. Mark Zuckerberg is no wet-behind-the-ears CEO. Facebook's chief executive turns 28 on Monday, setting in motion the social network's biggest week ever. The company is expected to start...Tags: Economy, Business and Finance, Media Industry, Arts and Culture, Mark Zuckerberg, Corporate Officers
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Playboy agrees to Hefner buyout offer
CHICAGO (AP) — The publisher of Playboy magazine has agreed to a sweetened offer by founder Hugh Hefner to take the company private. The price of $6.15 a share is an 18 percent premium over Friday's closing price and values the company at about...Tags: Newspaper and Magazine, Companies and Corporations, Politics, Elections, Shareholders
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Icahn seeks up to $7 billion for Dell bid
ReutersNEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal...Tags: Computing and Information Technology Industry, Economy, Business and Finance, Companies and Corporations, Michael S. Dell, Thomson Corporation
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US STOCKS-Futures fall on worry over stimulus program, China data
Reuters* HP jumps after outlook * China manufacturing data shows contraction * Futures off: Dow 103 pts, S&P 13.4 pts, Nasdaq 24.75 pts By Chuck Mikolajczak NEW YORK, May 23 (Reuters) - U.S. stock index futures fell on Thursday, putting the S&P 500 on...Tags: Computing and Information Technology Industry, HSBC Holdings plc, Economy, Business and Finance, Fidelity National Financial Incorporated, NASDAQ
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BRIEF-KKR sees $4.5 to $7 per share from cash carry
ReutersMay 23 (Reuters) - KKR & Co LP in investor day: * Private equity co-head Alex Navab says its buyout funds could generate $4.5 to $7 of cash carry per share over time -
Insurer, buyout firm want to buy Lender Processing Services -WSJ
ReutersMay 22 (Reuters) - Title insurer Fidelity National Financial Inc and buyout firm Thomas H. Lee Partners are in advanced talks to acquire mortgage service provider Lender Processing Services Inc for about $2.9 billion, the Wall Street Journal reported,...Tags: Insurance, Fidelity National Financial Incorporated, Fidelity National Corporation
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Britain's FTSE slips on profit-taking at 13-year highs
ReutersLONDON (Reuters) - Britain's FTSE 100 weakened early on Wednesday after hitting 13-year highs the previous session, as investors took profits in outperforming sectors such as technology and luxury. By 6.20 a.m. ET, London's blue chip index was down 8....Tags: Computing and Information Technology Industry, Carney (music group), Telecommunication Service, Credit Ratings, Intel Corp.
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Clearwire recommends approval of sweetened Sprint bid
ReutersNEW YORK (Reuters) - Clearwire Corp said its special committee and its board of directors approved Sprint Nextel Corp's sweetened offer to take over the company and advised shareholders to vote for the deal. Wireless service provider Clearwire...Tags: Sprint Nextel Corporation, NASDAQ, Elections, Intel Corp., Japan
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IT firm iGate sacks CEO over undisclosed relationship
ReutersMUMBAI/BANGALORE (Reuters) - IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate. Shares of the company fell 13...Tags: Computing and Information Technology Industry, Economy, Business and Finance, Companies and Corporations, NASDAQ, Sexual Misconduct
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Deals of the day -- mergers and acquisitions
Reuters(Adds Sprint Nextel, Dish Network, DBS Group, France Telecom, Natixis, Alere Inc, EDF and others) May 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: ** Sprint Nextel Corp said its Japanese...Tags: Sprint Nextel Corporation, Economy, Business and Finance, France Telecom, Ghana, Electricite de France S.A.
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Sprint raises buyout offer for Clearwire by 14 percent
ReutersMay 21 (Reuters) - Sprint Nextel Corp said on Tuesday it raised its buyout offer for wireless service provider Clearwire Corp 14 percent to $3.40 per share, just hours before shareholders were set to vote on the company's original offer. Sprint's revised...Tags: Sprint Nextel Corporation
Dec 19, 2012
|Story| AP Indiana
May 13, 2012
|Story| AP Broadcast
Jan 10, 2011
|Story| WSBT-TV
May 23, 2013
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May 21, 2013
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May 21, 2013
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May 21, 2013
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