May 2nd, 2008 at 12:05pm Under Dealzone
Countrywide bondholders may have not been holding out for much, but Bank of America may have nothing to offer. Bank of America said in a filing “there is no assurance that any of such (CFC’s) debt would be redeemed, assumed or guaranteed.” It said Countrywide had outstanding debt of about $97.23 billion as of Dec […]
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May 2nd, 2008 at 12:05pm Under Dealzone
Circulation and advertising may be in the dumps, sure, but judging from the bidders lining up to buy Newsday there are plenty of moguls still keen on newspapers.
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May 2nd, 2008 at 12:05pm Under Dealzone
EBay’s lawsuit against Craigslist alleges that founder Craig Newmark and CEO Jim Buckmaster tried to dilute eBay’s 28.4 percent stake in the company after a marriage proposal.
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May 2nd, 2008 at 12:05pm Under Dealzone
Talk about passing the buck.
During a panel discussion on media and entertainment at the Milken Institute Global Conference on Wednesday, former Yahoo! CEO Terry Semel swiftly deflected questions about the Internet company’s current pickle with Microsoft to his fellow panelist and Yahoo! board member Activision CEO Bobby Kotick.
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May 2nd, 2008 at 12:05pm Under Dealzone
Every day we hit the refresh button, full of hope that billionaire investor Carl Icahn’s blog would finally arrive despite long odds and uncooperative lawyers. Looks like we’re almost there.
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April 5th, 2008 at 12:05am Under Dealzone
Where have all the private equity firms gone? The global ranking of top financial sponsors lacks the usual suspects such as Blackstone, KKR and TPG, and includes names that didn’t even make last year’s Top 10 list.
So far this year, JC Flowers ranks as the top financial-sponsor acquiror with $6.8 billion in value for one […]
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April 5th, 2008 at 12:05am Under Dealzone
Investment bankers at JPMorgan and Bear Stearns were greeted this morning with a glimpse of things to come.
JPMorgan investment bank heads Steve Black and Bill Winters named members of a new Investment Bank Management Committee.
Not surprisingly, executives from the far-bigger JPMorgan dominated the management committee for the combined investment bank division.
Here is the memo, […]
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April 4th, 2008 at 04:03pm Under Dealzone
Rob Kindler, vice chairman of Morgan Stanley, on Friday moderated a panel on the role of the media in M&A at the Tulane Corporate Law Institute conference in New Orleans. Before starting the panel, Kindler shared with the audience his list of the “Top Ten Moves of the Year.”
Kindler, who also spoke at the […]
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April 4th, 2008 at 12:02pm Under Dealzone
Activist investor Luqman Arnold (left), UBS’s former CEO and one of its top investors, threw a big right hook in his fight for big changes at the bank… and promptly pulled a punch. Speaking in an interview on CNBC television, Arnold said he had not “technically called for a breakup” of the bank, in which […]
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April 4th, 2008 at 12:05am Under Dealzone
What you say to an activist shareholder can and will be used against you in a court of law.
That was one of the messages from panelists at the Tulane’s Corporate Law Institute conference in New Orleans on Thursday.
Speaking about activist shareholders on a panel titled “Barbarians at the Ballot Box,” Joele Frank — PR guru […]
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