CA-San Francisco, - A leading Wall Street firm - Will be looking at a wide variety of transaction needs like private placements, venture capital, private equity, hybrid securities, credit and other OTC derivatives, M[...]
The US private equity fund will soon seek to renegotiate its contract to sell Korea Exchange Bank to HSBC and ask the British bank to increase its offer beyond the current $6.43bn to reflect an increase in KEB's book value[...]
Alliance Data Systems said on Monday that the Blackstone Group was in breach of contract on its agreement to buy the credit-card transaction company. Alliance Data, which processes credit card transactions, handles billing, direct marketing and provides other services, said it offered to cut the $6.76 billion takeover price to [...]
Wall Street continues to bet against the $19.5 billion Clear Channel Communications, Inc. leveraged buyout getting done, as investors sent the stock below $33 a share Monday morning -- no where close to the $39.20 per share that stockholders will receive if the deal closes. [...]
Larry MacDonald submits: The U.S. financial crisis took on more of a self-feeding dynamic last week with the demise of hedge-fund Carlyle Capital and the emergency rescue of venerable Wall Street investment-banker Bear Stearns (BSC).Complete Story »[...]
