Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

NEWS ABOUT: privatization

Stories 21 - 27 | << Prev 

Switch to grid view »

Clear Channel Board Takes Private Equity Bait

(Newser) - After months of stops and starts, Clear Channel's board today gave the green light to a $19.5 billion buyout offer. The communications giant bit after Thomas H. Lee Partners and Bain Capital, which have been bidding since November, gained the backing of two large shareholders. The successful offer was... More »

Blackstone Makes $7.8B Deal for Alliance

Private equity continues to pour into financial processing

(Newser) - Blackstone has snapped up credit card services provider Alliance Data for $7.8 billion, joining a surge of private equity into dull but profitable back-office firms. The 30% above-market offer for Alliance, which also runs a data processing unit, is the latest in a wave of takeovers in the financial-processing... More »

Salon: Public Ownership Fails Newspapers

(Newser) - The looming Murdochization of the Wall Street Journal highlights what people should have realized long ago, writes Gary Weiss: just how disastrous public ownership is to the newspaper business. Every time that investors' bottom lines are matched against journalistic integrity, journalism gets tramped. "The only solution," he says,... More »

Tenet Earns Big Bucks off War Profiteers

Former CIA chief finds a pot of gold in the center of the storm

(Newser) - Former CIA boss George Tenet has made a killing off companies profiting in Iraq, Salon reports—one fact undisclosed in his recent tell-all screed. Besides a reported $4 mil advance for the book, Tenet used his spook cred to win spots on corporate boards in a national security industry he... More »

Dolans' Offer Scores With Cablevision

Third time's the charm for founding family buying back the company

(Newser) - The Dolans have finally  struck a deal to take Cablevision private. The $10.6 billion transaction, announced today, ends two years of wrangling with the entertainment conglomerate's board, and is a victory for Charles, the company's 80-year-old founder and his son James, now CEO. More »

Restaurants Ban Bottled Water

(Newser) - Fresh-food pioneer Chez Panisse has joined a growing number of San Francisco–area restaurants in striking bottled water from the menu. The decision to serve local tap water only—flat or carbonated in-house—comes from an effort to cut down on the packaging waste and energy used shipping bottles. More »

China Embraces Private Property

Bill reassures urban middle class, decried by advocates of the poor

(Newser) - China's burgeoning middle class will be feeling a little more secure next week, when the National People's Congress is expected to pass the country's first property-rights bill. The measure has become a lightening rod for criticism of China’s leadership, with communists using it as evidence that the government is... More »

Stories 21 - 27 | << Prev 
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne