Leveraged Buyouts

Cogent Inc. investors and analysts sent a message to the Pasadena company’s founder on Monday: You’re selling the business too cheap. Cogent, which makes biometric security systems that identify fingerprints, faces and eyeballs, said it had accepted...

The third-largest shareholder of Cogent Inc. says it will “vigorously oppose” the Pasadena tech company’s agreement to sell itself to conglomerate 3M Co., saying the bid price significantly undervalues the business. Atlanta-based money manager...

Investors and traders in shares of Pasadena-based technology firm Cogent Inc. are losing faith that the company will fetch a sharply higher takeover price, even though some of the firm’s biggest holders object to its merger terms with conglomerate 3M......

Thomas Tull is taking control of Legendary Pictures. The chairman of the film financing and production company has quietly led a buyout of its original investors in order to more directly steer an expansion into video games, digital media and......

Walgreen Co. said Wednesday it has agreed to buy the drugstore operator Duane Reade in a move to expand operations in the New York City metropolitan area. Walgreen, one of the nation's biggest drugstore operators, said it would pay about $623 million for...

Wall Street’s message to 99 Cents Only Stores Inc.: That can’t be your best price! Shares of the City of Commerce-based discount retailer zoomed Friday after management and L.A. buyout firm Leonard Green Partners offered $19.09 a share to...

Shares of 99 Cents Only Stores Inc. jumped Monday after one of the company’s biggest shareholders said the business was worth as much as 23% more than a management buyout offer now on the table. The FBR Focus Fund, an......

-- It's been a busy week for the nation's most well-known bookstore chains. On Thursday, Barnes & Noble announced that it had received a buyout offer from Liberty Media for $17 a share in cash. And Borders is reportedly in......

Playboy Enterprises Inc.'s 39 years as a public firm, which will come to an end with its buyout deal announced Monday, turned out to be the embodiment of that old line about how to become a millionaire in the stock......

Constellation Energy Group is reportedly in the final stages of takeover negotiations that could see it absorbed by the Chicago-based power company Exelon Corp., a deal that would usher Baltimore's last Fortune 500 company headquarters out of town. For...

Cedar Fair, which owns Knott’s Berry Farm in Buena Park and other amusement parks nationwide, agreed late Wednesday to a $2.4-billion buyout by private equity firm Apollo Global Management. The deal follows a poor summer for Cedar Fair as the......

TALLAHASSEE — GOP gubernatorial candidate Rick Scott was the first Florida political candidate to embrace a controversial Arizona immigration law that gives police the right to ask for immigration paperwork from anyone they have stopped or arrested....