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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: IPO

IPO stories: 52 news summaries

41 - 52 of 52 Stories | << Prev 1 2 3

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With IPO, Ellison Walks $500M Tightrope

NetSuite offering reveals Oracle chief's major stake in rival

Jul 3, 07 5:30 AM CDT
(Newser) - It's murky waters ahead for Oracle CEO Larry Ellison, a day after rival NetSuite Inc. revealed in an IPO filing that the outspoken billionaire holds a 74% stake. That puts Ellison, whose Oracle holdings are valued at $24 billion, in a tricky spot: Other shareholders may view the joint investments... More »

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Larry Ellison • Oracle • NetSuite • IPO • software • billionaire

Mortgage Worries Drive Markets Down

Exchanges sink on subprime woes; Blackstone jumps in debut

Jun 22, 07 4:45 PM CDT
(Newser) - The major exchanges plummeted today, wrapping up a week of seesawing during which the Dow and the S&P 500 lost about 2% and the Nasdaq fell 1.4%. Even Bear Stearns' announcement that it will bail out a hedge fund entangled in subprime loans couldn't stop the bleeding. The... More »

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stock market • Blackstone Group • Dow Jones • stocks • IPO • S&P 500

KKR Joins
IPO Party

After Blackstone's triumph, barbarians
at the public gate

Jun 22, 07 9:05 AM CDT
(Newser) - Corporate raiders Kohlberg Kravis Roberts & Co. have announced an initial public offering, on the heels of a wildly successful $34B IPO by rival Blackstone yesterday. The mammoth LBO group, whose boss Henry Kravis maintains a well known rivalry with Blackstone's Stephen Schwarzmann, waited to make sure Blackstone swam before... More »

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private equity • Stephen Schwarzman • Blackstone Group • finances • taxes • investors • KKR • Henry Kravis • IPO

Blackstone IPO Fetches $4.13B

Private equity giant enjoys largest US debut in 5 years; Schwarzman enjoys largest share

Jun 21, 07 5:05 PM CDT
(Newser) - The Blackstone Group went public today, selling 133.3 million shares at $31 and raking in $4.13 billion, the largest American IPO since 2002. The keenly anticipated issue values the private equity firm, founded by Stephen Schwarzman 27 years ago with $400,000, at $33.5 billion; the price... More »

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private equity • Blackstone Group • Carlyle Group • stocks • KKR • Steve Schwarzman • Peter Peterson • IPO

Supremes Side With Banks in Antitrust Action

Credit Suisse, Goldman won't face class action suit over late-'90s IPOs

Jun 18, 07 2:40 PM CDT
(Newser) - The Supreme Court has broadened the shield protecting companies from antitrust lawsuits, ruling in a 7-1 decision this morning that investors cannot sue 16 banks they accuse of rigging Internet-boom-era IPOs. The majority said the SEC had adequately regulated banks' actions and that opening them up to this type of... More »

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investors • Goldman Sachs • Credit Suisse • antitrust • Stephen Breyer • IPO • bank • US Supreme Court

Senate Puts Blackstone on Notice

Tax maneuver may derail IPO, transform private equity

Jun 15, 07 12:48 PM CDT
(Newser) - Less than 2 weeks ahead of Blackstone's IPO, bipartisan legislation introduced in the Senate yesterday threatens to hamper or halt the avidly anticipated stock sale. The private equity behemoth's tax bill would more than double if the measure—under which partnerships like Blackstone would pay the 35% corporate rate rather... More »

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private equity • Blackstone Group • taxes • Senate • IPO • stock • hedge fund

Blackstone IPO Payouts Will Eclipse Google

Schwarzman's stake in the private equity
firm will top $7.5B

Jun 12, 07 5:32 AM CDT
(Newser) - Huge windfalls due the top executives of the Blackstone Group from their IPO late this month will eclipse even the payday enjoyed by the Google founders three years ago, the Wall Street Journal reports. CEO Stephen Schwarzman will make $677 million and retain a $7.5 billion stake in the... More »

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Stephen Schwarzman • Blackstone Group • IPO • Pete Peterson

Blackstone Honchos Cash In on IPO

Barbarians at the gate will arrive flush with cash—$2.33B of it

Jun 11, 07 9:04 AM CDT
(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... More »

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

China to Buy $3B Stake
in Blackstone

Beijing moves onto
Wall Street with historic deal

May 21, 07 7:18 AM CDT
(Newser) - The Chinese government will buy a 9.9% stake in Blackstone, the US private equity fund that's about to launch its IPO. The $3 billion purchase of nonvoting shares, the first time China has invested its enormous foreign reserves in commercial stock, is meant to exploit a private equity market... More »

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China • private equity • Stephen Schwarzman • Blackstone Group • business • IPO • stock

Inside the Citadel: Hedge Fund Giant
Mulls IPO

Founder Ken Griffin gets cozy with Portfolio

Apr 16, 07 10:39 AM CDT
(Newser) - Portfolio magazine debuts with a look inside Citadel Investment Group, the $13.5 billion Chicago hedge fund that's even more press-shy than most of its brethren. A rare chat with founder Ken Griffin reveals that he's thinking of taking Citadel public —which the magazine notes could be the biggest... More »

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investing • Chicago • Ken Griffin • business • finance • IPO • Citadel • hedge fund

Wall Street Snapping Up Losers  

Tech companies with
no profits are enjoying hot IPOs again

Mar 28, 07 9:46 AM CDT
(Newser) - Money-losing tech companies are enjoying overheated IPOs again. In a disconcerting echo of 1999, Forbes reports more than half the companies going public so far this year have yet to turn a profit. "The losers may be us," Quentin Hardy cautions, "a public suddenly so hot for... More »

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technology • Wall Street • stocks • IPO • tech companies

Sloan Reviews
the Blackstone IPO Filing

Not quite financial porn, but some revealing moments

Mar 26, 07 7:50 AM CDT
(Newser) -  The IPO filing for the notoriously secretive Blackstone Group wasn't the tell-all Wall Street watchers had hoped for, says Newsweek’s Wall Street editor Allan Sloan, who searched in vain for how big a stake is held by the private equity partnership's  two Mr. Bigs, Steve Schwarzman and Pete... More »

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Wall Street • Blackstone Group • Steve Schwarzman • finance • IPO • Pete Peterson

41 - 52 of 52 Stories | << Prev 1 2 3


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