Tag:
bidding war
Latest Headlines
Latest Headlines
Risk arbs suffer losses as bids come up short
The revival of strategic deal-making machinery on Wall Street had risk arbitrageurs sensing opportunity. The nearly three-week bidding war between Hewlett-Packard and Dell 3Par in 2010 certainly whetted appetites and sparked lots of activity by risk arb hedge funds, which were sensing a return to
How much private equity blood will spill?
Blackstone Group's 90 percent plunge in first quarter profits sent another shudder down the spine of the private equity industry. The Carlyle Group's credit fund woes certainly aren't helping things, either. The New York Times suggests that all the top funds are reeling. This brings up the Fre
ALSO NOTED: More speculation about KKR offering; Morgan Stanley valuation attractive?; and much more...
Company News: > Credit Suisse expands in Chicago. Article > The Carlyle group opens office in Poland. Article > More speculation about KKR offering. Article > Morgan Stanley valuation attractive? Article > More on B of A's investment in Countrywide. Artic
ALSO NOTED: Bear Stearns buys power business; More on Merrill taking a stake in a hedge fund; and much more...
Company News: > Schwab mulls a dividend from U.S. Trust deal.
Likelihood of bidding war for TXU fizzles
Lazard Freres & Co., which is advising TXU, has informed a special committee at th energy company that it doesn't think a superior buyout proposal will emerge, dashing hopes of a
Could it really happen: Bidding war for TXU?
The media has been brimming with reports that The Blackstone Group and the Carlyle Group have moved closer
Blackstone, Vornado saga nearing an end
The Blackstone Group's bidding war with the Vornado-led group hasn't really riveted Wall Street the way
Buyout titan celebrates in style
Stephen Schwarzman, co-founder of the Blackstone Group, has a lot to celebrate these days. For one thing, he's on the verge of winning a bidding war that would reign as the largest buyout ever.
Private equity bidding war continues
How high will this go? The private equity world has been riveted by the battle between The
Private equity firms ante up for Harrah's
In their search for undervalued firms, Apollo Management and the Texas Pacific Group have arrived at the foot of the gambling industry: They have offered to buy Harrah's for $15 billion in cash,
