How ‘Fair’ Are Fairness Opinions?
August 13, 2009 by Donald G. Kempf Jr.
Shareholders question whether securing a "fairness opinion" from a financial expert is in the company's best interest.
August 13, 2009 by Donald G. Kempf Jr.
Shareholders question whether securing a "fairness opinion" from a financial expert is in the company's best interest.
Study: Recession M&A Activity Rewarded
July 6, 2009
Though mergers and acquisitions can be daunting in a staggering economic climate, a new study shows that such boldness is rewarded even in the latest recession.
July 6, 2009
Though mergers and acquisitions can be daunting in a staggering economic climate, a new study shows that such boldness is rewarded even in the latest recession.
M&A Activity Remains Stagnant
July 1, 2009
Despite record activity in the equity and bond markets, merger and acquisition activity remained low during the first half of 2009.
July 1, 2009
Despite record activity in the equity and bond markets, merger and acquisition activity remained low during the first half of 2009.
Pfizer Offers Concessions for Wyeth Deal
June 29, 2009
Pfizer offered to divest some or all of its animal health business assets to ease EU regulatory concerns of its merger with the pharmaceutical company Wyeth. The European Commission, the 27-state antitrust regulator, has until July 20 to review the Pfizer’s $65 billion acquisition of Wyeth, according to Bloomberg.
June 29, 2009
Pfizer offered to divest some or all of its animal health business assets to ease EU regulatory concerns of its merger with the pharmaceutical company Wyeth. The European Commission, the 27-state antitrust regulator, has until July 20 to review the Pfizer’s $65 billion acquisition of Wyeth, according to Bloomberg.
Directors Could See More Takeover Bids
June 26, 2009 by Joseph McCafferty
Today’s hectic market conditions have led to a dramatic increase in the number of hostile takeover bids, which should suggest to directors that they prepare for such a possibility.
June 26, 2009 by Joseph McCafferty
Today’s hectic market conditions have led to a dramatic increase in the number of hostile takeover bids, which should suggest to directors that they prepare for such a possibility.
Icahn Increases Stake in Lions Gate
June 19, 2009 by Joseph McCafferty
Activist investor Carl Icahn has acquired about 1.5 million shares in Lions Gate Entertainment, increasing his stake in the company to 16.87 percent.
June 19, 2009 by Joseph McCafferty
Activist investor Carl Icahn has acquired about 1.5 million shares in Lions Gate Entertainment, increasing his stake in the company to 16.87 percent.
Computer Company Board Rejects Buyout
June 16, 2009
Computer hardware and software developer Data Domain has asked its shareholders to reject an unsolicited buyout offer.
June 16, 2009
Computer hardware and software developer Data Domain has asked its shareholders to reject an unsolicited buyout offer.
Goldman Blocks Partnerships in Sara Lee Sale
June 16, 2009 by Joseph McCafferty
Goldman Sachs is blocking Blackstone Group’s Steve Schwarzman and Henry Kravis of Kohlberg Kravis Roberts from participating in the auction of Sara Lee’s household and personal-care business.
June 16, 2009 by Joseph McCafferty
Goldman Sachs is blocking Blackstone Group’s Steve Schwarzman and Henry Kravis of Kohlberg Kravis Roberts from participating in the auction of Sara Lee’s household and personal-care business.
Banks and Buyout Firms: An Uneasy Marriage
June 16, 2009 by Joseph McCafferty
When BankUnited went into Federal Deposit Insurance Corporation (FDIC) receivership on May 21, it didn’t take long for a group of new owners to step up to the plate. The Coral Gables, Florida savings and loan group was picked up by a consortium of private equity heavyweights—including W.L. Ross, Carlyle, and Blackstone. The $900 million price tag may have removed a significant burden off the shoulders of both the FDIC and the American taxpayer, but the ramifications of the PE-bank deal will prove a topic of contention for the many regulators caught in the mix.
June 16, 2009 by Joseph McCafferty
When BankUnited went into Federal Deposit Insurance Corporation (FDIC) receivership on May 21, it didn’t take long for a group of new owners to step up to the plate. The Coral Gables, Florida savings and loan group was picked up by a consortium of private equity heavyweights—including W.L. Ross, Carlyle, and Blackstone. The $900 million price tag may have removed a significant burden off the shoulders of both the FDIC and the American taxpayer, but the ramifications of the PE-bank deal will prove a topic of contention for the many regulators caught in the mix.
Validus Wants New IPC Board
June 16, 2009
Insurer Validus says it is looking to replace the board of directors at IPC Holdings in the event that the two parties are unable to reach an agreement.
June 16, 2009
Insurer Validus says it is looking to replace the board of directors at IPC Holdings in the event that the two parties are unable to reach an agreement.
Berkshire Unit to Acquire Home Maker
June 15, 2009 by Joseph McCafferty
A takeover attempt by a Berkshire Hathaway-owned home manufacturer looks good to the potential acquiree.
June 15, 2009 by Joseph McCafferty
A takeover attempt by a Berkshire Hathaway-owned home manufacturer looks good to the potential acquiree.
Icahn Considering Another Run at Delphi
June 15, 2009 by Joseph McCafferty
Activist investor Carl Icahn is considering making another attempt to take over bankrupt auto parts supplier Delphi.
June 15, 2009 by Joseph McCafferty
Activist investor Carl Icahn is considering making another attempt to take over bankrupt auto parts supplier Delphi.
BofA’s Lewis Feels the Heat
June 12, 2009 by Joseph McCafferty
U.S. lawmakers voiced their anger with CEO Kenneth Lewis and government regulators yesterday, over emails that suggest the bank should have known earlier about growing losses at Merrill Lynch.
June 12, 2009 by Joseph McCafferty
U.S. lawmakers voiced their anger with CEO Kenneth Lewis and government regulators yesterday, over emails that suggest the bank should have known earlier about growing losses at Merrill Lynch.
Fed Put Pressure on BofA in Emails
June 11, 2009 by Joseph McCafferty
Emails revealed by congressional investigators show that representatives from the Federal Reserve were hostile towards Bank of America in the midst of its buyout attempt of Merrill Lynch.
June 11, 2009 by Joseph McCafferty
Emails revealed by congressional investigators show that representatives from the Federal Reserve were hostile towards Bank of America in the midst of its buyout attempt of Merrill Lynch.
Study Shows VC Firms Spending Unwisely
June 10, 2009 by Joseph McCafferty
The weak market for initial public offerings is in its second year, but a new research paper claims that the stumbling venture capital market may be a product of indiscipline on the part of the VC funds themselves.
June 10, 2009 by Joseph McCafferty
The weak market for initial public offerings is in its second year, but a new research paper claims that the stumbling venture capital market may be a product of indiscipline on the part of the VC funds themselves.
Pepsi Bottling to Acquire Fellow Bottler
June 8, 2009 by Joseph McCafferty
In a show of aggression amidst a takeover attempt by PepsiCo, Pepsi Bottling has signed a letter of intent to acquire fellow bottler Ab-Tex Beverage.
June 8, 2009 by Joseph McCafferty
In a show of aggression amidst a takeover attempt by PepsiCo, Pepsi Bottling has signed a letter of intent to acquire fellow bottler Ab-Tex Beverage.
Pepsi Bottling to Acquire Fellow Bottler
June 8, 2009 by Joseph McCafferty
In a show of aggression amidst a takeover attempt by PepsiCo, Pepsi Bottling has signed a letter of intent to acquire fellow bottler Ab-Tex Beverage.
June 8, 2009 by Joseph McCafferty
In a show of aggression amidst a takeover attempt by PepsiCo, Pepsi Bottling has signed a letter of intent to acquire fellow bottler Ab-Tex Beverage.
Yahoo CEO’s Interest in Microsoft Deal Wanes
June 4, 2009 by Joseph McCafferty
Yahoo CEO Carol Bartz downplayed her company’s interest in a deal with Microsoft yesterday, in contrast to her comments from last week where she said she’d be open to a search deal if Microsoft offered “boatloads of money.”
June 4, 2009 by Joseph McCafferty
Yahoo CEO Carol Bartz downplayed her company’s interest in a deal with Microsoft yesterday, in contrast to her comments from last week where she said she’d be open to a search deal if Microsoft offered “boatloads of money.”
Intel to Acquire Wind River for $884 Million
June 4, 2009 by Joseph McCafferty
Intel plans to acquire Wind River Systems for $884 million as the semiconductor giant moves to boost its presence in handheld devices.
June 4, 2009 by Joseph McCafferty
Intel plans to acquire Wind River Systems for $884 million as the semiconductor giant moves to boost its presence in handheld devices.
Intel to Acquire Wind River for $884 Million
June 4, 2009 by Joseph McCafferty
Intel plans to acquire Wind River Systems for $884 million as the semiconductor giant moves to boost its presence in handheld devices.
June 4, 2009 by Joseph McCafferty
Intel plans to acquire Wind River Systems for $884 million as the semiconductor giant moves to boost its presence in handheld devices.