Entries tagged "Blackstone Advisory Partners LP"

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Flowers unit bids for Wonder bread

The second-largest maker of bakery goods in the U.S. makes a $390 million stalking-horse offer for the national bread operations of bankrupt Hostess Brands. Continue reading

Posted on January 14, 2013 1:35 PM

Sprint dials up sweetened $2.2B bid for Clearwire

Minority shareholders still want to see more but with the target's other telecom shareholders backing the deal, their protest may fall on deaf ears. Continue reading

Posted on December 17, 2012 10:59 AM

As strike continues, Hostess decides to liquidate

The bankrupt maker of Wonder bread and Twinkies will now look to sell those and other iconic brands as one of its largest unions fails to heed the company's warning to end their work stoppage. Continue reading

Posted on November 16, 2012 11:05 AM

Anschutz shops entertainment empire

Hires Blackstone to seek buyers for assets including hockey's Los Angeles Kings, soccer's L.A. Galaxy and a stake in basketball's Los Angeles Lakers. Continue reading

Posted on September 19, 2012 10:56 AM

Teamsters OK CBA, save Hostess from liquidation

The union narrowly passes a new labor pact, but now the bankrupt maker of Twinkies must get a court to enforce a modified contract that the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union rejected. Continue reading

Posted on September 17, 2012 2:00 PM

Ingram Micro gets Brightpoint for $840M

The California technology company agrees to pay $650 million cash plus debt for its Indianapolis rival Continue reading

Posted on July 2, 2012 3:52 PM

Judge urges Hostess, Teamsters union to talk

A White Plains, N.Y. judge rejects the Twinkies maker's attempt to scrap collective bargaining agreements with the International Brotherhood of Teamsters, a source says. Continue reading

Posted on May 17, 2012 9:44 AM

Coty withdraws Avon bid

The suitor made good on its threat to walk away from the bid if Avon did not engage in talks by its May 14 deadline Continue reading

Posted on May 15, 2012 1:09 PM

Avon will consider Coty offer

The privately held suitor, armed with financing from Berkshire Hathaway, has pledged not to go hostile with its $10.7 billion bid Continue reading

Posted on May 14, 2012 11:52 AM

Coty could capitalize on Avon's blemishes

Yet the fragrance company faces many obstacles to convince its larger peer to accept a deal Continue reading

Posted on April 4, 2012 3:18 PM

Avon rejects Coty bid

The beauty products giant went public with its $10 billion offer after the embattled target spurned private overtures about a potential deal Continue reading

Posted on April 2, 2012 1:01 PM

Martha Stewart hooks up with J.C. Penney

The strategic alliance with the department store chain could be worth up to $200 million. Continue reading

Posted on December 8, 2011 9:49 AM

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