Harbin Electric to Go Private in LBO
Posted by admin on November 3, 2010
Chinese reverse merger company Harbin Electric elected to go private in a leveraged buyout by Baring…
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Creditors sue Zell and banks over Tribune bankruptcy
Posted by Reuters: Business News on November 2, 2010
WILMINGTON, Delaware (Reuters) – Tribune Co creditors filed sprawling lawsuits on Monday that take aim at Sam Zell, his banks and advisers for the disastrous leveraged buyout that plunged the…
Blavatnik fights back on Lyondell creditors claims
Posted by Reuters: Business News on September 24, 2010
NEW YORK (Reuters) – Billionaire investor Len Blavatnik and his company Access Industries on Friday hit back at claims he knew the $12 billion 2007 leveraged buyout that created petrochemicals maker LyondellBasell would fail.
Examiner finds evidence of "dishonesty" in Tribune sale
Posted by Reuters: Business News on July 27, 2010
BANGALORE (Reuters) – The court-appointed examiner investigating Tribune Co’s bankruptcy said he has found some evidence of dishonesty in the 2007 leveraged buyout of the company, court documents showed.
Hasbro says not in buyout talks
Posted by Reuters: Business News on June 24, 2010
NEW YORK (Reuters) – Hasbro Inc said it is not involved in any talks regarding a potential sale of the company, despite a news report that said it had been in negotiations for a possible leveraged buyout.
Providence Equity in talks with Hasbro: report
Posted by Reuters: Business News on
NEW YORK (Reuters) – Providence Equity Partners is in preliminary talks with toy maker Hasbro Inc to take the company private in a leveraged buyout, the Wall Street Journal reported in its online edition on Wednesday, citing people familiar with the situation.
Blackstone, THL, TPG pursue Fidelity National
Posted by Reuters: Business News on May 6, 2010
NEW YORK (Reuters) – Three big private equity firms have teamed up to bid for Fidelity National Information Services Inc , sources familiar with the situation said on Thursday, a deal that, if completed, would rank as the biggest leveraged buyout since the financial crisis hit.
Capmark Financial bankruptcy due soon: source
Posted by Reuters: Business News on October 13, 2009
NEW YORK (Reuters) – Capmark Financial Group Inc., the commercial real estate company created through a 2006 leveraged buyout of certain GMAC assets, is preparing to file for bankruptcy possibly by the end of next week, according to a source with direct knowledge of the situation.
