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ArvinMeritor unloads light-vehicle business (from Corporate Dealmaker)

ArvinMeritor Inc. (NYSE:ARM) has sold auto parts supplier Gabriel North America to private equity firm OpenGate Capital for an undisclosed amount. Gabriel makes shock absorbers and strut assemblies for the after-market and original equipment manufacturer segments. The deal is part of ArvinMeritor's strategy to exit the light vehicle market and...

Posted on June 29, 2009 3:25 PM

A new coffee table for TV Guide (from Corporate Dealmaker)

When OpenGate Capital purchased TV Guide magazine on Monday, the private equity firm became the venerable title's fourth owner in a decade. Its previous owner, Macrovision Solutions Corp., picked up TV Guide in January as part of its takeover of Gemstar-TV Guide. The Silicon Valley tech company bought Gemstar for...

Posted on October 14, 2008 2:46 PM