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Credit default swaps threaten newspaper cos. (from Corporate Dealmaker)

As if Google weren't menace enough, newspaper companies are finding themselves undermined by another modern innovation: the credit default swap.In the cover story for the The Deal magazine published Monday, Richard Morgan tells about the dire situation Gannett Co. (NYSE:GCI) finds itself in after nearly three-quarters of bondholders, hedged with...

Posted on June 23, 2009 12:03 PM


Paper woes: Tribune files, NY Times borrows, Miami Herald may sell (from Corporate Dealmaker)

The ailing newspaper industry isn't getting a bailout from Uncle Sam as it's squeezed by weakening demand and lost ad sales to rival Web properties.Word just came in that debt-ridden newspaper and television company Tribune Co. filed for bankruptcy Monday. Most of Chicago-based Tribune's debt came from a buyout by...

Posted on December 8, 2008 2:14 PM


Read all about it: Newspapers looking for buyers (from Corporate Dealmaker)

Add another newspaper owner to the list of those selling off assets. Cox Enterprises Inc. plans to sell dozens of daily and weekly papers, along with its direct mail division, ValPak. The company will retain the Atlanta Journal-Constitution, which reported Thursday that Cox will also hang on to flagship papers...

Posted on August 14, 2008 12:18 PM


Digital strategies: Scripps divides, Gannett absorbs (from Corporate Dealmaker)

Here's an optimistic thought about the future of the troubled newspaper business: With all the different things people are trying, somebody must be getting it right.Tuesday's news is that Gannett Co. Inc. will buy out partners Tribune Co. and McClatchy Co. in ShopLocal LLC, a  marketing and database services company,...

Posted on July 8, 2008 11:38 AM


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Deal Economy 2010: Morgan Stanley's Smith Barney integration

Morgan Stanley's Rosenthal on the nitty gritty details of the Smith Barney integration.
Decade of The Deal


Movers & Shakers


Juergen Lasowski
Onyx Pharmaceuticals Inc.

Edward Swallow
Northrop Grumman Corp.

Owen Mahoney
Outspark

Alice Kim
FLO TV Inc.

Eric Hausler
Isle of Capri Casinos Inc.
Juergen Lasowski, Onyx Pharmaceuticals Inc.
Edward Swallow, Northrop Grumman Corp.
Owen Mahoney, Outspark
Alice Kim, FLO TV Inc.
Eric Hausler, Isle of Capri Casinos Inc.


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MACDdec1cover.gifAnd the winners are...
Even in a period when things like toxic credit default swaps and noxious structured investment vehicles dominate the conversation in many parts of the deal community, people are still willing to take the time to recognize skill and achievement in the strategic transactions that help those companies adapt and grow.
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