private equity
private equity Articles
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...
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Penn National Gaming Inc. (NASDAQ: PENN) has been considered a dead merger for quite some time, yet it only officially became a dead merger this morning. This was the last of the big multi-billion...
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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...
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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...
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Have you wondered if the current environment was going to signal the death or a serious blow to the end of private equity as we know it? It seems that the reports of private equity’s death may be...
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Prospect Capital Corporation (NASDAQ: PSEC) has announced a public offering of 3 million shares of common stock, and Prospect will grant the underwriters a 30-day option to purchase up to an...
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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 $246.7...
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Verso Paper Corp. has just slashed its IPO terms in an amended IPO filing this morning. The company’s prior range was up to 18.75 million shares and an expoected price range of $16.00 to...
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Apollo Investment Corporation (NASDAQ: AINV) has priced its proposed secondary stock offering this morning. The company sold 22,327,500 shares at an offering price of $17.11 per share, in an...
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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.
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NewPage Group Inc. has submitted its IPO filing late today. It has taken the proposed ticker of "NWP" on the New York Stock Exchange. So far, Goldman Sachs is listed as the only lead underwriter...
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National City Corp. (NYSE: NCC) is a name we have been cautious on because of the trends we have seen in the "bank financing" rescue packages. The company has secured $7 billion in financing to keep...
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An SEC Filing this morning shows activists are going to go after Wendy’s International Inc. (NYSE: WEN) with a little more publicity than mere private letters. Trian Fund Management, L.P., Triarc...
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It was almost amazing that private equity funds never did go acquire many banks, despite the lending woes that came to pass. For some time there was value there before the logic and rationale...
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CV Therapeutics, Inc. (NASDAQ: CVTX) has secured a deal with TPG-Axon Capital, where it will receive up to $185 million in exchange for the rights to 50% of CV Therapeutics’ royalty on North...
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