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September 8, 2008 12:34:05 PM CDT

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Stories related to: LBOs

Stories

6 Stories

  • December 2007

    • Credit, Economy Bring M&A Action to a Crawl

      Bloomberg  |  Dec 18, 07 11:40 AM CST

      Credit, Economy Bring M&A Action to a Crawl

      (Newser) - The slowing economy and financing costs that have more than doubled since June because of the subprime collapse could ice the pace of mergers and acquisitions in 2008, Bloomberg reports. After a record $3.9 trillion in deals in 2007, analysts predict transaction value could plummet 20%. "The mega-LBO is dead,'' says an ABN Amro takeover expert. More »

  • August 2007
  • July 2007

    • Credit Crunch Rocks LBOs

      Wall Street Journal  |  Jul 27, 07 6:27 AM CDT

      Credit Crunch Rocks LBOs

      (Newser) - Leveraged buyouts, which have fueled Wall Street booms with offers of huge premiums on shares of target companies, are sputtering to a halt, the Wall Street Journal reports. Private equity firms, which just weeks ago were predicting acquisitions worth $100 billion and more, are now finding large-scale borrowing too expensive to make deals worthwhile. More »

      Tags

      Wall Street  • private equity  • finance  • LBOs  • leveraged buyouts

  • June 2007

    • Private Equity Pounces on Nuveen

      Bloomberg  |  Jun 20, 07 1:32 PM CDT

      Private Equity Pounces on Nuveen

      (Newser) - Private equity fund Madison Dearborn has made the biggest-ever play for an asset management firm, offering $5.75 billion to buy out Chicago-based Nuveen Investments. The $65-per-share offer—a 20% premium over Nuveen's closing price yesterday—signals the growing demand for cash-rich money-management firms as buyout targets. More »

      Tags

      private equity  • buyout  • LBOs  • asset management  • Madison Dearborn

    • Blackstone Honchos Cash In on IPO

      Bloomberg  |  Jun 11, 07 9:04 AM CDT

      Blackstone Honchos Cash In on IPO

      (Newser) - And the billionaires get richer. Blackstone founders Steve Schwarzman and Pete Peterson will collect a combined $2.33 bil from the private equity giant's planned IPO, which could take place as early as late June. Schwarzman will keep a 24% stake in the $32B company, worth just under $450M, and the 80-year-old Peterson will cash out with 4% equity, netting him $1.9B. More »

      Tags

      private equity  • IPO  • Blackstone Group  • LBOs  • Steve Schwarzman  • Pete Peterson

    • Hot LBO Market Takes Hit

      Wall Street Journal  |  Jun 8, 07 9:40 AM CDT

      Hot LBO Market Takes Hit

      (Newser) - The red-hot market for LBOs may be hitting a long-awaited rough patch. Several big deals—including Apollo's $1.3 billion Linens 'n Things buy and the multigroup $17.6 billion acquisition of Freescale Semiconductor Holdings—have turned sour, with the companies struggling to generate enough cash to pay down debt after soft quarters. More »

      Tags

      US economy  • business  • acquisitions  • merger  • debt  • privatization  • takeovers  • LBOs  • leveraged buyouts  • Avista Capital Partners

6 Stories

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