With the domestic deal market looking pretty dry at the moment, the private equity kings who made billions taking company after company private over the last few years are seeking new ways…
Douglas A. McIntyre This morning there was interesting note out of The Blackstone Group (NYSE: BX), although some efforts have already been made down this road. The company has formed a new business group to…
Douglas A. McIntyre The Wall Street Journal reports that, when legendary buyout shop KKR debuts on the NYSE it will sport a market value of between $12 billion and $15 billion — roughly 10-12 times…
Douglas A. McIntyre The Blackstone Group (NYSE: BX) has announced that it will form a partnership with Windland Energieerzeugungs GmbH to complete the development and construction of Meerwind. This is billed as one of the…
Douglas A. McIntyre Hicks Acquisition Company I, Inc. (AMEX: TOH) has reached an agreement in principle to go from SPAC to operational. The deal and terms are subject to execution of a definitive agreement, although…
Douglas A. McIntyre The Wall Street Journal has reported that The Blackstone Group LP (NYSE:BX) will invest some $500 million into a new pipeline company, Crestwood Midstream Partners LLC. Crestwood was formed in December 2007,…
According to Reuters, Carl Ichan will fight to get Yahoo! (YHOO) to accept Microsoft’s (MSFT) bid. Reuters writes that the Senate has reached an agreement on a housing rescue. Reuters reports that…
The Blackstone Group L.P. (NYSE: BX) has reported earnings this morning, and it’s really hard to find anything pretty in the release. The private equity leader posted a GAAP net loss of…
Douglas A. McIntyre Blackstone Group has announced the closing of three newly created collateralized loan obligation funds totaling $1.3 billion. Yep, CLOs. These were all created over the past month.
Douglas A. McIntyre It is spring on Wall St. With the warmer weather comes hope that the big financial crisis which seems to have engulfed everything in the world over the last three quarters is…
There was an interesting communication from The Blackstone Group, L.P. (NYSE: BX) this morning and the company issued a press release confirming that data. Blackstone announced the closing of Blackstone Real Estate…
Douglas A. McIntyre There is growing concern about where the Fed will get the hundreds of billions of dollars it will need to bail-out failing banks and brokerages. Most economists point to the tax-payer as…
Alliance Data (NYSE: ADS) had given Blackstone (NYSE:BX) notice that the private equity firm is no longer negotiating in good faith to complete a buy-out. The charge probably has the benefit of…
Douglas A. McIntyre Accoding to Reuters, the Fed is set for a large rate cut in the face of the financial crisis. Reuters writes that Google (GOOG) says it is well positioned for an economic…
The Blackstone Group, LP (NYSE: BX) has posted earnings of $0.08 EPS before charges, while First Call had $0.19 as consensus. The private equity giant also posted revenues of $447.5 million, compared…
Douglas A. McIntyre 