private equity
private equity Articles
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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Apollo Global Management, LLC, appears to be planning to become fully public as it submitted an S-1 filing with the SEC. The company is currently semi-public on the Goldman Sachs GSTruE...
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Washington Mutual (NYSE: WM) has outlined its details of a financial aid or rescue finance package. The company is raising a total of $7 Billion via direct stock sales to an investment vehicle...
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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...
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Corel Corp. (NASDAQ:CREL) has announced today it has received an unsolicited proposal from Corel Holdings, L.P., which is controlled by an affiliate of Vector Capital Corporation, the holder of 69%...
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