Tom Johnson

Tom Johnson News

  • Energy Future Plan Said to Almost Wipe Out Owners KKR to TPG

    KKR & Co., TPG Capital and Goldman Sachs Capital Partners, the firms that acquired Energy Future Holdings Corp. in the biggest-ever leveraged buyout, would be all but wiped out in a reorganization plan being discussed, said three people with direct knowledge of the negotiations.

  • Aeropostale Drops After Forecasting Wider Quarterly Loss

    Aeropostale Inc., a retail chain that sells teen and children’s apparel, tumbled 20 percent after mounting losses and a $150 million loan raised concerns that the company is running out of cash.

  • Energy Future Said to Hold Last-Minute Talks to Ease Bankruptcy

    Energy Future Holdings Corp. is in talks with creditors on an 11th-hour plan that would speed a bankruptcy reorganization of the electricity provider known as TXU Corp. when it was bought in a $48 billion leveraged buyout, said two people with direct knowledge of the discussions.

  • Aeropostale Said to Consider Investment From Private Equity

    Aeropostale Inc., the teen apparel retailer under pressure from an activist investor to sell itself, is working with Barclays Plc to explore options such as the sale of a convertible note or preferred stock to a private- equity firm, people with knowledge of the matter said.

  • Starwood Capital’s Sternlicht Said to Prepare Share Sale

    Barry Sternlicht, chairman and chief executive officer of Starwood Capital Group LLC, has spoken to banks as he prepares to sell shares of the property-investment firm to investors, a person familiar with the matter said.

  • Johnson, Marler to Make England Rugby Debuts in South Africa

    Tom Johnson and Joe Marler will make their England rugby team debuts in this weekend’s tour-opening Test against South Africa.

  • Ski Resorts Seen as Buyout Targets Amid U.S. West Drought

    Michael Simpson arrived at Alpine Meadows at Lake Tahoe earlier this month and found little more than dirt. Except for one ski run maintained by machines, the drought-parched California mountain was devoid of snow.

  • Zucker Vows Program Shakeup at CNN Stressing News Roots

    Jeff Zucker, the former NBC Universal chief who was named to lead Time Warner Inc.’s CNN yesterday, said the network needs to broaden its news coverage and keep viewers longer to compete with Fox News and MSNBC.

  • Avon CEO Appointment Raises Doubt over Coty Deal

    Avon Products Inc.’s naming of Johnson & Johnson’s Sherilyn McCoy as chief executive officer may delay the company’s turnaround efforts and decrease the chances of a takeover by Coty Inc., analysts said.

  • Avon Investors Vote for CEO in Pushign Coty to Raise Bid

    Coty Inc. Chairman Bart Becht said two weeks ago it was time for Avon Products Inc. shareholders to persuade the board to accept his company’s $10 billion bid. Several investors have discussed the offer with the board, and their message is clear: Get more money or forget about it.

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