Sentences with phrase «buyout by private equity firm»

More recently, in late January of this year, Magnetar received another settlement of about $ 11 million, according to regulatory filings, from CEC Entertainment — the operator of Chuck E. Cheese kid - friendly restaurants — which it had sued seeking additional shareholder compensation in CEC's 2014 buyout by private equity firm Apollo Global Management (apo).

Meanwhile, at the time of its bankruptcy filing, Toys «R» Us was facing $ 7.9 billion in debt, most of it tied to its 2005 leveraged buyout by private equity firms KKR and Bain Capital and diversified REIT Vornado Realty Trust.

Not exact matches

While the majority of the buyout was financed by Dell's personal fortune and private equity firm Silver Lake Management, an additional $ 2 billion was invested by Microsoft — not surprising considering Dell is the software maker's third - largest customer.

The biggest radio broadcaster in the US with nearly 850 radio stations, iHeartMedia, formerly called Clear Channel Communications — which was acquired by private equity firms Bain Capital and Thomas H. Lee Partners in a leveraged buyout at the apex of the LBO boom just before the Financial Crisis — has finally filed for Chapter 11 bankruptcy, after threatening to do so since 2010.

Last year, private equity firm Centerbridge Partners LP entered the sector by acquiring business software providers Syncsort Inc and Vision Solutions Inc from buyout firm Clearlake Capital Group LP in a $ 1.26 billion deal.

NEW YORK More acquisitions of U.S. companies by private equity firms are being done through companies that are already owned by buyout funds, rather than the funds directly, a market report showed on Thursday, indicating this «bolt - on» strategy is catching on.

This week, Toms inked a deal to sell half of itself to Bain Capital, the private - equity firm co-founded by Mitt Romney that inspired a thousand attacks on the strategy of the leveraged buyout.

Southeastern Asset Management, which owns 8.5 percent of U.S. computer maker Dell, filed a statement with regulators on Feb. 8 opposing the $ 24.4 billion buyout proposed by Michael Dell, the company's founder and chief executive, and private equity firm Silver Lake Partners.

Financial Engines of Sunnyvale, the oldest and largest robo adviser, has agreed to a $ 3B buyout by San Francisco private equity firm

Accolade, which is 80 per cent owned by private equity firm CHAMP, has installed a new general manager into the Grant Burge Wines business in Jeff Bond, who had been chief executive of Peter Lehmann Wines for five years until it was taken over by Casella Wines in late 2014 in a $ 57 million buyout deal.

In mid-2014 Treasury was pursued by two separate private equity firms, KKR and TPG, who made buyout overtures and did extensive due diligence inside the company but decided to withdraw after deciding they couldn't justify paying the $ 5.20 per share price tag they had originally suggested in indicative offers.

US - based buyout firm Kohlberg Kravis Roberts has teamed with European private equity group Rhone Capital to increase their offer by 10.6 per cent to $ 5.20 a share.

He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.

Outerwall has historically produced high returns on capital, and it's a business that doesn't need much tangible capital to produce huge amounts of cash flow (an attractive business), but it has been run similar to companies that get purchased by private equity firms — leverage up the balance sheet, issue a dividend (or buyout some shareholders), thus keeping very little equity «at risk».

Whitebridge Pet brands is backed by Frontenac Company, a Chicago - based private equity firm that focuses on investing in lower - middle market buyout transactions in the business services, food, industrial and healthcare industries.

As part of a $ 45 billion buyout by a group of private equity firms, TXU — now named Luminant — settled a series of lawsuits with Environmental Defense and the Natural Resources Defense Council.

As part of a buyout of Texas utility TXU by private equity firms, TXU enters abandons plans for eight out of eleven proposed plants in the state.

The consortium — led by Chinese private equity firms Hopu Investment Management and Hillhouse Capital Group, property developer China Vanke, Bank of China Group Investment and GLP chief executive Ming Mei — is set to privatise Singapore Exchange - listed GLP in what will represent one of the largest buyout deals in Asia.

It will improve its data collection by conducting a biannual survey on banks» exposures to leveraged buyouts; and enhancing regulatory reporting requirements for private equity firms.

Chambers & Partners has been sold to a buyout group led by the legal publishing entrepreneur Mark Wyatt, and backed by the private equity firm, Inflexion — marking the end of 30 + year period in which the company has been held solely by founder Michael Chambers.

For private equity firms, which finance buyouts by saddling companies with debt, the promise of immediately expensing investments doesn't offer much consolation.

The buyout was part of a vast wave of debt - enabled takeovers by private equity firms from 2005 to 2007 that saw deal prices soar to tens of billions of dollars.

Its real estate and private equity realizations totaled $ 7.2 billion for the quarter, driven by sales of office property investments and private equity secondaries, or stakes in other buyout firms» funds.

The $ 26 billion leveraged buyout of Hilton Worldwide Holdings (HLT.N), carried out jointly by Blackstone's real estate and private equity funds in 2007, ended up being the most profitable deal in the firm's history.

Bloomberg reports that Richard Schulze, Cerberus Capital Management and two additional private equity firms will make a buyout offer for Best Buy by the end of this week.