Christopher Halpin left Providence Equity Partners Inc. for a position with the National Football League, according to two people familiar with the matter, at least the eighth managing director to depart the buyout firm since the start of last year.
A police sketch artist and “the world’s smallest film” are helping to sell soap and technology for Dove and IBM as advertisers unleash a wave of more subtle, intelligent and entertaining campaigns to lure a jaded public.
Providence Equity Partners Inc. is losing two managing directors, adding to at least three top departures last year, as the buyout firm struggles to raise a new fund less than half the size of its predecessor.
News Corp., the media company led by Rupert Murdoch, agreed to buy 49 percent of the YES Network, the cable channel that carries New York Yankees baseball games, in a deal that values the pay-TV outlet at about $3 billion.
AutoTrader.com Inc., which runs a website linking buyers and sellers of new and used cars, is talking to banks about a potential initial public offering, a person with knowledge of the discussions said.
Marsh & McLennan Cos. , the second- largest insurance broker, agreed to sell its Kroll security- consulting operation to a buyout firm for $1.13 billion to focus on its main business of matching insurance buyers and sellers.