Sentences with phrase «to take the company private»

There, the majority owner also threatened to take the company private in order to «motivate» small shareholders.

Earlier this year, he announced plans to take the company private again.

Then the management took the company private at a small premium to market but at a huge discount to value and also to my cost and I experienced a permanent loss of capital.

Sources say Dell toyed with the idea of taking his company private for years, believing he couldn't reinvent it under Wall Street's scrutiny.

TORONTO — BlackBerry shares rose in pre-market trading amid reports that its chief executive officer and board of directors are warming to the idea of taking the company private.

What was never reported was that Jobs seriously contemplated taking the company private with the help of newly formed buyout group Silver Lake Partners.

That August, the two met in the Aloha State and talked about taking his company private, and over the next few months they hashed out what became the buyout.

By taking the company private, Johnson said, Heinz will have the flexibility to react more quickly without the pressure of satisfying investors with quarterly earnings reports.

«The Nordstrom family know this, which is one of the reasons why they looked into taking the company private.

The Nordstrom family has been working to take the company private since last year.

Even if Musk takes the company private, «it's going to be a money - losing thing for awhile.»

Analysts interviewed by the Austin American - Statesman said that Dell taking his company private is an unlikely, but not impossible move.

Nordstrom hopes to seal a deal to take the company private before it reports earnings next Thursday, sources told CNBC.

In response, the Thompson family took the company private in a leveraged buyout in December 1987.

«We're taking the company private so we can execute our long - term strategy faster.»

In January, Michael Dell announced his plan to take the company private along with private equity firm Silver Lake Partners.

This development sets up a challenge to company founder Michael Dell, who has proposed taking the company private in a $ 24 billion leveraged buyout.

The group proposing to take the company private includes its chairman, Jason Nanchun Jiang, and private equity firms Carlyle Group, CITIC Capital Partners, CDH Investments and China Everbright Ltd..

Last fall, I helped take this company private from Hoffman La Roche and the University of California.

Playboy (NYSE: PLA) Enterprises» acceptance of founder Hugh Hefner's offer to take the company private ends an odyssey that began two years...

Apollo Global Management APO, -1.95 %, which took the company private in February 2016 in a $ 6.9 billion leveraged buyout, continues to own the majority of the shares, making ADT a «controlled company» under NYSE rules.

(Bloomberg)-- Nordstrom Inc. is suspending efforts to take the company private after struggling to get financing with favorable terms, another sign that the department - store industry has lost favor with both customers and investors.

Many have even taken their companies private rather than continue to work under the onerous demand of being public.

At a time when a stock market rally has made private equity firms reluctant to take companies private for fear of overpaying, the deal illustrates how activist investors have the potential to drive corporate boards to explore such deals and accept a price that makes a leveraged buyout possible.

For the Phelans, who had long threatened to take the company private again, that presented an opportunity Though they ran into opposition from institutional investors who criticized the initial offer as too low, the Phelans won out after slightly sweetening the bid.

Since the companies are so cheap, why don't managers buy the shares they don't already own — take the company private at today's crummy multiple, then sell the whole shebang at an almost guaranteed higher price?

«These opportunities are challenging as a standalone public company, and there are clear merits to exploring a path to take the company private in order to maximize the company's long - term performance, deliver superior value to all stockholders, and bolster a critical contributor to American technology.»

I have used that knowledge, combined with my technology skills, to identify and track companies that are in the process of taking their companies private to avoid the regulatory costs of compliance with the Sarbanes Oxley Act.

Hudson's Bay Chairman & Interim CEO Richard Baker sits down with Courtney Reagan at the WWD Retail CEO Summit to talk about taking the company private, a possible merger with Wal - Mart and the company's decision on selling an iconic building to WeWork.

Michael Dell isn't necessarily buying his company back from an acquirer, but by taking the company private — as he is in the midst of doing — he'll get the leverage to put Dell's future back on track.

Earlier this month Brookfield Asset Management submitted a bid of about $ 14.8 billion to acquire Chicago - based GGP Inc., effectively taking the company private.

BlackBerry (TSX: BB)(Nasdaq: BBRY) was a weak spot a day after a move to take the company private.

Chen Tianqiao, who built game developer Shanda Interactive Entertainment into what was once China's biggest internet company (big enough to rival Alibaba and Tencent), disappeared after leaving China and taking his company private in 2012.

Nordstrom — Nordstrom rejected an offer from the Nordstrom family to take the company private for $ 50 per share.

On Thursday, shares of SolarCity surged 15 percent on a rumor that Musk may take the company private.

CNBC's «Squawk on the Street» crew breaks down the latest headlines on Barracuda Network's plan to take the company private.

KELOWNA, B.C. — Sun - Rype Products Ltd. (TSX: SRF) says its majority owner Great Pacific Industries Inc. has proposed to take the company private in a deal that values it at about $ 81 million.

Taking the company private is a major risk, however.

With hopes of reviving the company, which has suffered due to declining desktop computer sales, Dell plans to take the company private and thus avoid the scrutiny of shareholders and their accursed calls for accountability.

Ever since Dell, who has a 16 percent stake in the company, earlier this year made it known he wanted to take the company private he has faced shareholder backlash spurred by the price of the buyout.

In August of 2012, Schulze made a valiant attempt to buy Best Buy for about $ 8.5 billion in a mix of stock and cash, and take the company private again.

Paul Jacobs sent written communication to Qualcomm's board that he wants to take the company private, sources tell CNBC's David Faber.

Since 2016, members of the Nordstrom family have been trying to take the company private to no avail due to financing issues.

On Thursday, Tracinda announced in letters to DaimlerChrysler that it was prepared to make a $ 4.5 billion cash offer for Chrysler and would take the company private.

But Cretier managed to ride it out, and in 2012 he took the company private with the help of Apax Partners, a private equity firm.

Paul Jacobs, former chairman of Qualcomm, has sought funding to take the company private, the Financial Times reports.

Taking the company private, York said in a letter to DaimlerChrysler Chief Executive Dieter Zetsche, would be a long - term approach to solving Chrysler's problems without having to worry about earnings per share results «for the initial five, six or seven year period it will likely take to build Chrysler into a robust and lasting, stand - alone entity.»

Dell reported another quarter of declining profits and revenue Thursday as CEO Michael Dell continues his fight to take the company private.

If a majority of shares are voted in favor of Michael Dell's plan to take the company private, Dell's biggest outside investor, Southeastern Asset Management, has indicated it might go to court to fight for a higher price.