Media Digest 12/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the auto bill died in the Senate and there will be no more action this year. Reuters reports that the Bank of America (BAC) will cut as many as…
According to Reuters, the auto bill died in the Senate and there will be no more action this year. Reuters reports that the Bank of America (BAC) will cut as many as…
There is one huge going-private transaction which has yet to close and has been pending for what feels like an eternity. BCE, Inc. (NYSE: BCE) in Canada has been in the works…
According to Reuters, a proposal from the SEC would cut the role of credit rating agencies. Reuters writes that United (UAUA) will lay-off 950 pilots. Reuters reports that GM (GM) will cut…
According to Reuters, small business sentivment is still shaky. Reuters writes that InBav may start Anheuher-Busch (BUD) takeover talks this week. Reuters writes that Asian central banks are propping up their currencies.…
The skulduggery of banks who want out of LBOs is already widely known, and expected. Big financial companies have tried to put the legs out from under a deal to take Clear…
With all those subprime write-downs hitting bank and investment house balance sheets it would be nice for them to off-load some of the LBO debt they have taken on over the last…
Over the last two days, BCE (BCE) the largest phone company in Canada, was purchased by the investment arm of Ontario Teachers’ Pension Plan and several private equity firms. The price was…
Canadian phone giant BCE (BCE) is being taken private by an investor group led by Teachers Private Capital, the private investment arm of the Ontario Teachers Pension Plan, Providence Equity Partners Inc.…
Stock Tickers: GOOG, AQNT, VCLK, TFSM, MSFT, YHOO, TWX, SLM, NNI, FMD, MEDI,HAL, WHT, MEH, AAI, COT, IPS, PALM, DELL, NFI, BCE, AA, DOW, WYN, NDAQ,GFI, KR, ABN, BNI, DCX This week…
Stock Tickers: SLM, NNI, FMD, MEDI, HAL, WHT, MEH, AAI, COT, IPS, PALM, DELL, NFI, BCE, AA, DOW, WYN, NDAQ, GFI, KR, ABN, BNI, DCX What preceeds "Merger Monday"? The answer isn’t…