Getty Images News
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Carlyle Group LP has taken the lead in bidding for Getty Images Inc., the photo archive being sold by private-equity firm Hellman & Friedman LLC, according to people with knowledge of the situation.
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Carlyle Group LP, the world’s second-largest private-equity firm, agreed to buy photo archive Getty Images Inc. from Hellman & Friedman LLC in a deal valued at $3.3 billion.
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Getty Images Inc. lost a European Union court appeal over its attempt to gain trademark protection for the name of its photos.com service.
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EPlus Inc. can pursue a modified order limiting certain sales of Lawson Software Inc. products after a U.S. appeals court upheld part of a patent-infringement ruling over software for supply chain management.
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The number of leveraged loans with call provisions has jumped sevenfold this year as investors demand protection from the risk that companies will refinance their debt with borrowing costs at the lowest in six months.
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Publisher Tribune Co. filed a modified Chapter 11 plan on Oct. 23 incorporating a revised settlement announced this month. In addition to Tribune, proponents of the revised plan include the official creditors’ committee, senior lenders Oaktree Capital Management LP and Angelo Gordon & Co., and JPMorgan Chase Bank NA, as agent for the senior lenders.
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Carlyle Group LP, the private-equity firm that went public in May, posted a third-quarter profit as the value of its holdings rose.
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The co-owners of the now-defunct spread-betting firm Blue Index Ltd. and one of their wives pleaded guilty to U.K. insider-trading charges before the case went to trial.
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Exchange-traded funds are poised to overtake credit derivatives by year-end as a way to speculate on junk bonds.
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The U.S. Securities and Exchange Commission sued a former Deloitte Tax LLP partner and his wife for passing confidential information on mergers and acquisitions to family members, who allegedly reaped millions of dollars trading on the tips.
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