Updated throughout the day. Blackstone is buying debt stakes in hotels. (WSJ) Clearwire (NASDAQ: CLWR) will try to sell $5 billion in spectrum to raise capital (Bloomberg) Warren Buffett and Henry Kravis…
The Blackstone Group, L.P. (NYSE: BX) has agreed to purchase electricity generator Dynegy Inc. (NYSE: DYN). Blackstone will pay $4.50/share in cash, for a total of about $543 million, and assume Dynegy’s…
Reuters: BP plc (NYSE: BP) shares have recovered as a relief well nears the leak. Reuters: Saudi investors are seeking a 10% to 15% stake in BP. Reuters: Microsoft Corporation (NASDAQ: MSFT)…
Updated throughout the day. Video site Hulu is in talks to carry content from CBS Corp. (NYSE: CBS), Viacom Inc. (NYSE: VIA), and Time Warner Inc. (NYSE: TWX). Lloyd Blankfein of Goldman…
Reuters: The Fed once again pledged low interest rates. Reuters: If the yuan rises, the euro may be badly hurt. Reuters: Soda companies are hurt by the economy according to AlixPartners. Reuters: …
KKR & CO. L.P. is back. At least its IPO ambitions are. Long live private equity! Long Live leveraged buyouts! At least that is what the company wants you to think. KKR…
Jon C. Ogg Women’s Wear Daily says that KKR is close to a deal to buy Macy’s (M). The price would be about $52 a share. The stock currently trades a $40. Douglas A. McIntyre
From S-1 filed with SEC: Founded in 1976, we are a leading global alternative asset manager. Our 399 employees, including our 139 investment professionals, are led by our founders, Henry Kravis and…
Douglas A. McIntyre 