private equity firm

KKR Profit Declines 68% as Market Erodes Investment Income

Topix - Business News  Thu, 02/09/2012 - 15:54

KKR & Co., the private equity firm run by Henry Kravis and George Roberts, said fourth-quarter profit fell 68 percent as investment income declined.


 

Private equity trembles over 'vulture' label

MSNBC.com: Business  Wed, 01/11/2012 - 10:38

Republican presidential candidate and former Massachusetts Governor Mitt Romney is backed by his wife Ann and their sons as he addresses supporters at his New Hampshire primary night rally in Manchester, New Hampshire.NYT:  The attacks on GOP frontrunner Mitt Romney over his years at private equity firm Bain Capital is unnerving many buyout executiv


 

Unusual 11 Mid-Day Movers 11/07: (ADPI) (FRPT) (INHX) Higher; (T...

StreetInsider.com News Articles  Mon, 11/07/2011 - 12:18

American Dental Partners, Inc. (Nasdaq: ADPI) 79.0% HIGHER; entered into a definitive agreement to be acquired private equity firm JLL Partners for $19 per share, or an 83 percent premium to Friday's close .

The transaction is valued at approximately $398 million, including $81 million in currently outstanding debt.

Force Protection (Nasdaq: FRPT) 30.8% HIGHER; the company and General Dynamics (NYSE: GD) have agreed to terms of an acquisition at $5.52 per share in common stock, or about $360 million.


 

Reports: BofA eyes sale of Merrill Lynch assets

Newsvine - business  Tue, 08/16/2011 - 16:36

Two published reports say Bank of America Corp. is in talks with Blackstone Group LP over a possible deal to sell real estate assets previously owned by Merrill Lynch to the private-equity firm.


 

NBCUniversal to fully own Universal Orlando

Newsvine - business  Mon, 06/06/2011 - 17:15

Private equity firm Blackstone Group LP has agreed to sell its 50 percent stake in Universal Orlando to Comcast-controlled NBCUniversal for $1.03 billion.


 

Report: Hong Kong IPO planned for Samsonite

Newsvine - business  Mon, 05/30/2011 - 14:23

Private equity firm CVC Capital partners will take Samsonite International S.A. public on the Hong Kong stock exchange in early June, according to a published report.


 

Private equity firm to buy 'American Idol' parent

Newsvine - business  Tue, 05/10/2011 - 07:08

The company that is parent of "American Idol" and owns the rights to the name, image and likeness of Elvis Presley and Muhammad Ali is being sold for about $511 million in cash.


 

Top 10 News Items 12/20-12/23: Jo-Ann Stores Becomes Next PE Tar...

StreetInsider.com News Articles  Thu, 12/23/2010 - 15:13

Here is a recap of the top news items from this week on Wall Street: 1. Shares of Jo-Ann Stores (NYSE: JAS) rallied more than 32% on Thursday as private-equity firm Leonard Green & Partners offered to buyout the company in a $1.6 billion deal.

The deal values shares of Jo-Ann at $61 each, representing a 34% premium from the closing price on Wednesday. 2.

Economic data was mixed this week; personal spending for the month of November came in at 0.4%, slightly worse than the 0.5% the Street had been looking for, while personal income of 0.3% was modestly better than


 

Jo-Ann Stores being purchased for $1.6 billion

Newsvine - business  Thu, 12/23/2010 - 07:21

Jo-Ann Stores Inc. is being bought by an affiliate of private equity firm Leonard Green & Partners LP for about $1.6 billion.


 

TD Bank to buy Chrysler Financial for $6.3B

Newsvine - business  Tue, 12/21/2010 - 07:00

Toronto-Dominion Bank has agreed to buy Chrysler Financial, the automaker's old lending arm, from private equity firm Cerberus Capital Management LP for $6.3 billion.