David Carey News
-
Spain’s Sareb, set up last year to acquire 90 billion euros ($116 billion) of soured real estate assets at a discount from rescued lenders, is preparing its first sale, known as ‘Project Bull,’ to test the beleaguered property market’s ability to attract investors.
-
Billionaire Carl Icahn, seeking to scuttle a buyout led by Silver Lake Management LLC, is asking Dell Inc. investors to bet on a computer maker beset by rising competition, tumbling demand and a bigger debt load.
-
Leon Black, chief executive officer of buyout firm Apollo Global Management LLC, said prices for traditional buyouts have risen so much that it’s a good time to sell.
-
Cerberus Capital Management LP’s founder Stephen Feinberg and his partners may try to acquire gunmaker Freedom Group Inc. from the private-equity funds managed by his firm, according to two people familiar with the matter.
-
Blackstone Group LP decided against a bid for Dell Inc. in part because executive Dave Johnson, the computer maker’s former mergers chief, pulled support for the deal he helped conceive, said people familiar with the matter.
-
Silver Lake Management LLC, the private-equity firm partnered with Michael Dell in a bid to buy computer maker Dell Inc., garnered $10.3 billion for its latest fund after raising its limit to meet investor demand.
-
David Carey , president of Hearst Magazines, said he’s “optimistic” that major publishers will be able reach an agreement with Apple Inc. about selling subscriptions for the computer maker’s iPad tablet.
-
Hearst Corp., the publisher of Esquire and Cosmopolitan, hired David Carey from rival Condé Nast as president of its magazine division.
-
Dell Inc. founder Michael Dell will only consider backing a buyout by Blackstone Group LP if the private-equity firm guarantees he can remain as chief executive officer, according to a person familiar with the discussions.
-
After days of discussions, Blackstone Group LP and Dell Inc.’s Michael Dell have yet to tackle a critical issue, according to a person with knowledge of the matter: what role he would play if the private-equity firm wins the bidding for the computer maker.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page