14 result(s) displayed (1 - 14 of 14):
While The Wall Street Journal questions the timing of unrestricted stock options granted to Isaac Perlmutter, vice chairman and CEO of Marvel Entertainment Inc. (NYSE:MVL), an unforeseen enemy may be waiting by the wayside of its theme parks. (Here's our blog on the SEC filing, which has the "Background...
Posted on September 24, 2009 4:10 PM
Rumors of a $300 million sale of Playboy Enterprises Inc. (NYSE:PLA) took a backseat to the election of Scott Flanders as CEO of the ailing adult entertainment company. The appointment marks the end of an almost six-month search to replace former CEO Christie Hefner.Competition, dwindling ad sales and penny-pinching would-be...
Posted on June 2, 2009 3:36 PM
The data shows that the disclosed value of completed M&A transactions for the U.S. entertainment and media sector in 2008 was the highest it's been since 2001. But once you exclude four megadeals from 2006 that took two years to complete, the numbers shrink considerably, reflecting the state of our...
Posted on February 27, 2009 3:43 PM
InBev SA is likely to put a "for sale" sign on Anheuser-Busch Cos.'s famed Busch Entertainment Corp., which runs 10 theme parks across the U.S. We mentioned it would probably be a private equity firm, since other major theme park operators aren't in the market for expansion. Blackstone Group LP's Merlin Entertainment Group was on our radar, but an astute commenter told CD...
Posted on July 17, 2008 8:28 AM
At a time when consumers are downsizing spending, it may seem counterintuitive to upscale anything. But that's just what's happening with some popular brands in the hotel industry...
Posted on June 2, 2008 9:31 AM
Ever since hearing that NBC Universal may be teaming with private equity firms Blackstone Group LP and Bain Capital LLC on a bid for the Weather Channel, we've been wondering about the putative partnership. Reports put the bidding at between $3 billion and $4 billion. Presumably, if General Electric Co.-owned...
Posted on May 29, 2008 12:19 PM
Who might buy the more-than-50% stake in Huawei Technologies Co. Ltd.'s handset business that the Chinese equipment company wants to sell to improve its access to the U.S. market? A story in Tuesday's South China Morning Post said suitors could include AT&T Corp., Verizon Communications Inc. and Vodafone Group...
Posted on May 21, 2008 8:15 AM
Leading up to the publishing of our next Corporate Dealmaker magazine later this month, we've been telling you about investments in the emerging markets. Our contacts at Paul, Hastings, Janofsky & Walker LLP just reminded us of the flip side of the equation with a report called "Acquisition of U.S....
Posted on March 7, 2008 9:37 AM
As we reported in the May-June 2005 issue of our magazine (available in our magazine archives), Cardinal Health Inc. turned cautious for a while when it came to deals. But with Tuesday's all-cash $490 million deal for privately held Enturia Inc., coming eight months after a $1.5 billion deal for...
Posted on March 5, 2008 7:24 AM
Understanding how private equity works is an increasingly important part of being a successful corporate dealmaker.
Posted on August 15, 2007 7:45 PM
With financing free and easy, coverage ratios have tightened up. Is this a precursor to defaults or will the markets continue to generate loads of life-giving debt?
Posted on August 15, 2007 5:55 PM
How do you grow an $81 billion food company, already the world's largest? For Nestlé, there are multiple answers. Among them: Build a $3 billion Halal food business to serve the world's 1.6 billion Muslims. Make acquisitions when the opportunity arises, as happened last month when Nestlé agreed to...
Posted on June 15, 2007 10:34 AM
Common cause (from Corporate Dealmaker)
As some recent deals demonstrate, what once seemed unlikely now seems inevitable. But that doesn't mean everyone's pedaling along together in perfect harmony.
Posted on June 15, 2006 7:00 PM
SunGard Data Systems Inc.'s CEO Cristobal Conde hopes to gain the freedom to do business "faster and better" as SunGard transitions from a publicly traded company focused on quarterly earnings to a private one with a longer-term horizon. The question is: Will SunGard's prospective new owners - a consortium...
Posted on June 15, 2005 3:56 PM
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